- 5 Handy Crypto Trading Tips
- HaasOnline — The most advanced Algo Trading Software[Link]
- Bisq: Best Decentralized Exchange
- Customer Support
- Types of Crypto Exchanges
- Best Crypto Exchange: Factors to Consider While Choosing
- Types of Cryptocurrency Exchanges
- How Do Exchanges Work?
- Investment Strategies: Let’s Get Something Clear
- Место биржи Crypto.com Exchange в рейтинге криптобирж мира
- 3Commas — Providing Crypto bots and Crypto Signals [Link]
- Cryptocurrency Exchange Bonuses
- May – Bitcoin Gold – $18 Million Worth of BTG
- Mudrex — Is it the Best Copy Trading System? [Link]
- Активы биржи Crypto.com Exchange
- What about the best cryptocurrency exchange?
5 Handy Crypto Trading Tips
Now that you’re ready to start trading some crypto, you probably want to know how to increase your chances of making a profit. Our team has been trading Bitcoin and Altcoins for years, and hence have a great insight into some of the best tips you can adopt to improve your trading experience.
- Remove emotion: If you trade emotionally, you’ll most likely end up losing the majority of the time, and therefore not make any profit. Look at crypto trading from a logical perspective and you’ll have a much higher chance of succeeding.
- Read trading books: You can’t put out a fire without looking. If you understand the basic principles of trading, then you will be able to make much more informed trade decisions
- DYOR: When you’re trading altcoins, it’s always a good idea to do your own research into the project/team before buying it. Some things to take note of are the coin’s market cap, USPs and decentralisation
- Don’t over-leverage your position: If you use a leverage trading platform to trade Bitcoin or other cryptos, then you need to be careful about how much leverage you use. It can be tempting to use lots of leverage if you’re confident in the trade, but this puts your position at extremely high risk and you may lose your entire account balance. Use leverage responsibly.
- Only trade with what you can afford to lose: This tip will help you keep tip 1 a reality. By only trading with what you can afford to lose, then you won’t make emotional decsions as much. People that trade with funds that they need usually make very drastic and emotional decisions which leads to a pretty quick demise of your account balance.
HaasOnline — The most advanced Algo Trading Software[Link]
HaasOnline is a paid cryptocurrency trading software that is unlike any other. Similar to the other trade bot mentioned, they offer your standard pre-built trading bots for strategies like arbitrage and market-making, and other tools.
However, with the release of HaasScript, their scripting language, you can develop highly complex trading bots using a drag-and-drop designer or intelli-sense editor. Hence it provides one of the best automated trading software out there. You also have the ability to backtest or paper trade your strategies before executing live trades on over 25 exchanges.
Their current bitcoin trading software is a locally hosted non-custodial trade server, which offers complete discretion and privacy, keeping prying eyes away from your trade data and strategies. They also plan to launch a cloud version for retail traders. There’s no free trial, but they do offer a discounted 14-day trial license.
To learn more read our HaasOnline Review.
Bisq: Best Decentralized Exchange
We’ve already described the benefits of using decentralized exchanges. Here comes Bisq – a DEX that allows you to trade BTC for fiat in a secure peer-to-peer way. The choice of fiat currencies is pretty wide, so you probably find your national currency there. Bisq supports over 15 payment methods.
There is no registration required as Bisq cares about the privacy of your personal information. Unlike centralized crypto exchanges, Bisq does not store users’ funds. Deposits are held in 2-of-2 multisig wallets.
At its core, Bisq is software that runs on your device. It is open-source, which means anyone can see its source code and license.
In my humble opinion; the customer support on a cryptocurrency exchange is the backbone of the entire service – without it, I doubt you would have any customers. People need a good customer support system if they are going to be trusting an exchange with their hard-earned money. Most crypto exchanges understand this and hence provide comprehensive support channels, although of course, some are better than others.
When we rate crypto exchanges, this is one of the first things we test. We make a trial support query and asses a few main things; Is it a real person? How helpful were they? Did they solve the problem? How long did it take to hear back from them?
Types of Crypto Exchanges
The crypto industry is full of networks and platforms that enable seamless crypto purchase and trading. Since most of the time, users prefer using decentralized or centralized exchanges, we’ve gathered the core similarities and differences between these two types of exchange service providers and put them into a convenient table below.
Centralized Exchange (CEX)
A centralized exchange is the most common type of crypto trading platform. One might ask: why are centralized platforms more popular than decentralized ones? There are several reasons for that.
Centralized exchanges work faster. Trading engines implemented in CEXs are capable of executing trading orders quicker than in decentralized platforms.
CEXs allow users to deposit fiat currency. Generally, cryptocurrency is an unregulated entity that can’t be controlled by anyone. However, due to its popularity and availability, the authorities are constantly introducing new laws, regulations, and taxes on crypto assets. A few DEXs provide users with fiat deposits. Most of the time, they use stablecoins, which basically have the same value as the fiat currency they are pegged to. Centralized exchanges (and it is important to note, the regulated ones) are able to operate with a range of fiat currencies.
Centralized exchanges obtain more liquidity bringing a better trading experience to users. CEXs have more users that, in their turn, provide liquidity to a particular exchange.
Centralized exchanges provide more trading features. Since the blockchain and crypto industries are developing rapidly, crypto trading has quickly become a vital part of the community’s daily routine. As a result, most of the features available on the regular exchanges have migrated to the industry of decentralized finance. Margin and spot trading, futures contracts, and other trading tools and options can now be found on the largest crypto exchanges.
Decentralized Exchange (DEX)
Decentralized exchanges or DEXs, for short, are another platform for crypto trading. Unlike centralized exchanges, DEXs pursue the philosophy of pure decentralization and lack any centralized authority that can participate in the trading process.
Decentralized exchanges are more secure. CEXs store all the vital information on private servers that can be hacked, compromised, be broken, and so on. DEXs interact directly with a blockchain making every node involved in the process a small server. As we know, it is nearly impossible to hack the blockchain. Therefore, a DEX provides highly secure cryptocurrency trading.
Usually, DEXs charge smaller fees because there is no need to pay salary to a large group of people that, for example, are involved in operational processes on the centralized exchanges.
DEXs are non-custodial platforms which means they neither store your funds or private keys, so you can be sure that your crypto assets are safe and sound. Another great advantage is that DEXs do not require users to pass KYC procedures, keeping users’ privacy and anonymity.
Decentralized exchanges can’t be regulated by any governmental structure because blockchain is all about the lack of any authorities.
|Centralized Exchange (CEX)||Decentralized Exchange(DEX)|
|Security||There is always a risk of hacks||It is almost impossible to hack|
|Speed||Fast||Slower than a CEX|
|Fees||Fees can be high||Fees are low|
|Liquidity||High liquidity||Low liquidity|
|Privacy||Require KYC||Don’t require KYC|
|Trading Features||A wide choice of trading features provided||A poor choice of trading features provided|
|Regulation||Regulated or requires license||Non-regulated|
Best Crypto Exchange: Factors to Consider While Choosing
Although the crypto exchange reviews help to a certain extent, it is vital to understand the factors that determine what makes them the best crypto exchanges. While the reputation of the exchange matters, there also reviews with a staff pick rating or verification for certain Bitcoin exchanges or rather their promotions. While staff pick rating and reference reputability standards can be used as markers, there are some basic pointers that one can consider to choose the best crypto exchange. Also, considering the skillset of the trader is important because, based on user experience, there are best crypto exchange for beginner and advanced trader, respectively. Below are some of the factors that can be used as markers for selecting the best crypto exchange that suits you better.
Currencies Supported: Based on your preferences, you can opt for a cryptocurrency exchange platform that supports the currencies you are interested in, whether cryptos or fiat currencies. Also, determine whether the cryptocurrency broker/exchange platform supports crypto-to-crypto, crypto-to-fiat, fiat-to-crypto transfers. Although some of the best crypto exchange sites support many cryptos, they may not support the crypto you are interested in. Hence, determining the types of cryptocurrencies and fiat or traditional currencies supported by the crypto exchange is of primary importance.
Payment Methods: Determining the payment methods for both deposits and withdrawals is the next major step. Not all crypto exchanges allow users to purchase cryptos using fiat currencies or payment system you are interested in. Hence, make sure that the cryptocurrency exchange supports your preferred payment method like bank transfer, Bank cards, payment gateways, etc. For instance, if you are looking to buy Bitcoin using your credit card, choose an exchange platform or a cryptocurrency broker that supports the same.
Hidden Charges: It is a fact that even the best Bitcoin exchanges make money via the cryptocurrency exchange rates. Nevertheless, certain crypto exchange with lowest fees also charge additional fees like inactivity fees, deposit fees, withdrawal fees, etc. Some trading platforms also charge an additional fee for options and CFD trading. Thus, understanding the fee structure is important to ensure value for your money.
Safety and Security Protocols: Safety measures enforced are the key to determine whether it is the best crypto exchange or not. Some of the elements to consider including SSL encryption, 2 Factor Authentication process, user’s ID verification, insurance related to crypto-assets, etc.
Some crypto exchanges offer insurance on crypto assets when the fault lies with the exchanges, especially the centralized crypto exchanges. Hence, considering all the safety measures provided by the exchange platform is crucial.
Is your Exchange a Market Maker?: Most often, certain online platforms buy and sell securities to impact the crypto market. Understanding if the exchange is a market maker or otherwise will often benefit in the long run as one can profit on the bid-ask price.
Types of Cryptocurrency Exchanges
There are different types of cryptocurrency exchanges in the US to choose from. The best-suited exchange depends on the users level of experience with investing and trading financial markets. We have outlined the basic types below for each category of investor.
Fiat To Crypto Exchange
First time investors and beginners that are looking to make their first purchase in a digital coin will need to use a cryptocurrency exchange that accepts fiat currency. These types of websites will accept multiple fiat currencies such as the USD, EUR, GBP, AUD and NZD in exchange for digital assets such as Bitcoin and Ethereum.
When selecting a fiat-to-crypto exchange, it is important to ensure the platform accepts US Dollars and offers local payment methods in the USA, preferably a bank transfer. Lastly, check if there are any deposit or withdrawal fees as these can be hidden costs.
How Do Exchanges Work?
The first step to making a transaction on an exchange is to create an account and deposit your financial assets. To make a transaction, you can either deposit your local currency or any other cryptocurrency you own.
Keep in mind that depositing currencies that are not accepted by the exchange will trigger some extra fees (research the specific exchange you’re using to learn more about additional fees). Depending on the platform you chose, you will have multiple deposit options at hand, including bank transfer, debit or credit card transaction, or even PayPal.
Buying and Selling
Once you’ve made a deposit to your account, you can start the first transaction. For example, let’s say you’re looking to purchase some Bitcoin. First you need to place a “buy order” and request to buy Bitcoin for anything at or below its current price. Meanwhile, sellers on the platform will place “sell orders” where they ask to sell Bitcoin for anything at or above the minimum price.
The platform then acts as a matchmaking service by connecting you to the seller who is most compatible with your requirements. Upon placement, all buy and sell orders are located in the exchange’s “order book.” This list includes information about buyers, sellers, and their asking prices. The exchange will automatically provide details about sellers who fit your requirements so you can choose whether or not to close the transaction.
As we have already mentioned, all cryptocurrency exchanges charge certain fees per transaction. The fees depend on multiple factors, including transaction size, volume, and currency that is being exchanged. Depending on the platform you choose, you might come across additional fees and expenses.
As mentioned above, Exchanges are not the ones setting the pricing. Instead, each seller requests their own exchange prices, which is why you will see different pricing on different platforms. Hence, doing research before making a transaction is advisable if you want to get the best deal.
The most common type of verification you will be required to complete is the ID verification. In this case, you will be asked to upload a photo of your passport or any other identification document for the sake of verifying your identity. Even though this process might seem like a hassle, the process is usually relatively hassle free and will get resolved within a few hours or at most a day.
After buying some crypto, you can either keep it on your account or withdraw it to a «safer location». You can choose to make a withdrawal either to your bank account if fiat or to another crypto wallet if crypto. Transaction and withdrawal fees will be calculated based on each platform’s fee policies.
Depending on the platform you chose, there might be a certain withdrawal threshold you must reach before being able to transfer your digital assets. You can learn more about fees and thresholds by researching the exchanges you are interested in. Overall, the withdrawal process is usually intuitive and specific to each exchange.
Investment Strategies: Let’s Get Something Clear
How do investors make decisions they want to invest in real estate or stocks? Do they start making investments the moment they think about it? My guess is that the answer to that question is – no!
Before you invest in anything, you need a clear understanding of what your investment goals are and how you will achieve them. You want a good idea of how long you are prepared to keep your investment open, and what amount of profit you are happy to take.
You should have the same mindset when it comes to cryptocurrency investments. Before you decide what the next cryptocurrency to invest in 2021 is for you, let’s discuss the two main types of investment strategies for cryptocurrencies.
Keep in mind that whatever strategy you choose, it’s always crucial to use reliable cryptocurrency exchange platforms. A few of them include Coinbase and Binance.
To conclude our article on the best cryptocurrency exchanges in the United States (US), it is recommend to stick with a well-established, reputable and US-based exchange that accept USD deposits and is regulated in most states. The above Bitcoin & crypto platforms in the US are trustworthy and used by millions of customers worldwide to buy, trade and sell cryptocurrency.
If you’re are planning to buy and trade cryptocurrencies, make sure to withdraw your profits to a reputable Bitcoin wallet for safe-keeping. It is the best method to protect your crypto investment.
Now its your turn to comment.
- Do you think our list on the best USA Bitcoin exchanges is correct?
- What was your experience like on these crypto exchanges?
- Which cryptocurrency exchange in the US would you recommend to a friend?
If you found this article useful, feel free to share it with your social network.
You might also be interested in these hand-picked articles:
- 10 Best Bitcoin & Cryptocurrency Exchanges in Australia
- Where To Buy NFTs: The 7 Best NFT Marketplaces
- 5 Best Platforms To Earn Interest On Bitcoin & Crypto
- 4 Best Crypto Charting Software & Tools For Altcoin Traders
- Kraken Vs. Gemini Comparison: Which Crypto Exchange Is Best?
Место биржи Crypto.com Exchange в рейтинге криптобирж мира
Биржа Crypto.com Exchange занимает 10-е место в рейтинге популярности по запросам в поисковой системе Яндекс. Количество запросов – 16282 за месяц.
|Место||Наименование||Запросы в Яндексе за месяц||Объем торгов в $ млрд за 24 ч на 9.06.21||Поддержка фиатных валют|
|1||Binance||632390||30||AED, ARS, AUD + еще 43|
|2||Liquid||135104||0,27||USD, JPY, EUR + еще 3|
|3||Coinbase Exchange||56464||4,23||USD, GBR, EUR|
|4||Kraken||50008||1,93||USD, EUR, GBP + еще 4|
|6||EXMO||40879||0,076||USD, RUB, EUR|
|9||Huobi Global||16377||8,24||ALL, AUD, BRL + еще 47|
|13||Currency.com||10696||0,096||RUB, USD + еще 2|
|14||Blockchain.com||8063||0,039||USD, EUR + еще 2|
|19||Bitfinex||5162||1,72||USD, EUR + еще 2|
|25||XT.COM||2563||3,69||AUD, GBR, USD + еще 4|
|27||Bithumb Global||2469||0,17||RUB, TRY|
|28||CEX.IO||2208||0,088||USD, EUR, GBR|
|32||Luno||1731||0,05||EUR, AUD + еще 8|
|34||Bitstamp||1361||0,84||USD, EUR, GBR|
|38||BtcTurk | Pro||828||0,22||TRY|
|55||Bitpanda Pro||280||0,032||CHF + еще 3|
|67||bitFlyer||88||0,42||EUR, USD, JPY|
|88||ZebPay||13||0,024||AUD, INR, SGD|
|90||Independent Reserve||12||0,011||USD, AUD, NZD|
|94||B2BX||6||0,048||USD, EUR, GBP|
Суточный объем торгов биржи Crypto.com Exchange – $230 млн (21.06.2021).
Количество еженедельных посещений биржи Crypto.com Exchange – 1 341 019.
Статистика биржи Crypto.com Exchange.
3Commas — Providing Crypto bots and Crypto Signals [Link]
3Commas is one of the most famous crypto trading bots. I put it on #7 of the list because the UI is more for a professional trader. As their users become more and more professional, they turn their product development to pro users.
So if you’re a professional bot trader already, then you should try 3Commas.
- It has two subscription levels — Basic and Pro. The basic level bot price is $25/month, while the latter costs $84/month and has a lot more features.
- The cryptocurrency trading bot on 3Commas can implement multiple bitcoin trading strategies based on technical indicators and enable trading bitcoin for profit.
- The community is good, and you can buy some online courses for using the 3Commas Bitcoin trading bot.
- Furthermore, the platform also offers third-party crypto signals Marketplace.
To learn more read our 3Commas Review.
Cryptocurrency Exchange Bonuses
Everyone loves free money and deals – that’s a fact and ultimately, human nature. Exchanges usually offer some sort of welcome bonus for new traders and occasionally host trading competitions as a marketing tactic. Let’s take a look at some of the need-to-know facts about crypto exchange bonuses.
- They’re usually for new traders only
- The most common bonus is a fee discount
- To get the bonuses, you usually have to complete tasks and make a deposit
Now, with that in mind, you probably want to know about some of the top bonuses available; here’s a list of our favourites:
- $600 free Bitcoin on Phemex
- 5% FTX Fee Discount
- StormGain $25 Bonus
There are other bonuses around, you just have to keep an eager eye out.
May – Bitcoin Gold – $18 Million Worth of BTG
This is probably one of the stranger hacks on our list, as a cryptocurrency exchange wasn’t hacked but a cryptocurrency was. Bitcoin Gold was an offshoot of the original Bitcoin, which took a hard fork from Bitcoin as an attempt to decentralize (ironic given that Bitcoin is already decentralized).
Bitcoin Gold became the victim of a 51% attack, a rare occurrence where hackers managed to gain control of more than 50% of the networks computing power. From there, attackers can prevent confirmations, allowing them to effectively stop payments between users and make changes to the network’s blockchain ledger. This type of attack was thought to be rare, if not impossible, until the Bitcoin Gold incident.
Using some complicated maneuvers, hackers put their Bitcoin Gold onto exchanges, traded them for other cryptocurrencies, then withdrew the amount. And because they had control of Bitcoin Gold’s blockchain ledger, they could simply return the original Bitcoin Gold back into their own wallet, essentially stealing money from exchanges.
Benzinga crafted a specific methodology to rank cryptocurrency exchanges and tools. We prioritized platforms based on offerings, pricing and promotions, customer service, mobile app, user experience and benefits, and security. To see a comprehensive breakdown of our methodology, please visit see our Cryptocurrency Methodology page.
Gemini builds crypto products to help you buy, sell, and store your bitcoin and cryptocurrency. You can buy bitcoin and crypto instantly and access all the tools you need to understand the crypto market and start investing, all through one clear, attractive interface. Gemini Crypto Platform offers excellent account management options. You can manage your account at a glance, view your account balance 24-hour changes and percent changes. Get started with Gemini now.
Mudrex — Is it the Best Copy Trading System? [Link]
Mudrex makes investing in crypto bots as simple as investing in a mutual fund. They are very transparent about their info, have a wide variety of bitcoin bots based on your risk appetite, and a pricing model that is by far the best we have seen. outshines everyone else on the list!
Mudrex crypto invest
Mudrex has over 7000 users and over 400 Mn USD traded on it. They are backed by well-known VCs and angel investors and have a very active and engaged community. They are connected with 8 of the top exchanges and are some of the very few on this list who are able to support US customers as well.
Mudrex does not build its own cryptocurrency bot but instead has a curated marketplace of automated bots created by pro crypto traders. The best part about the platform is that all info regarding the performance of a cryptocurrency bot is public and easy for users to understand.
If you were looking for a platform using which you can invest your crypto, then Mudrex might just be it!
To learn more, you can also read an in-depth Mudrex review.
Активы биржи Crypto.com Exchange
21.06.2021 суточный объем торгов на Crypto.com Exchange составил $230 млн. Показатель далек от объемов на таких площадках как Binance ($27,6 млрд) или Huobi Global (7,71 млрд), что является следствием отсутствия поддержки фиатных денег и более скромным ассортиментом торговых пар.
ТОП-10 популярных пар на спотовом рынке биржи Crypto.com Exchange (торги за 24 часа в $, данные на 21.06.2021):
- BTC/USDT – 93 млн.
- ETH/BTC – 20 млн.
- DOGE/USDT – 19 млн.
- ADA/BTC – 7,90 млн.
- SHIB/USDT – 5,36 млн.
- BTC/USDC – 5,13 млн.
- MATIC/USDT – 4,90 млн.
- CRO/USDT – 3,98 млн.
- ADA/USDT – 3,90 млн.
- VET/BTC – 3,61 млн.
What about the best cryptocurrency exchange?
Unfortunately, with the demise of Cryptsy there is a need for a new major first-rate cryptocurrency exchange (aka altcoins). Having many medium-sized cryptocurrency exchange sites is a better situation than having one large amazing option. Bittrex (new account creation temporarily disabled) has now replaced Poloniex as the largest most amazing option. Its platform is functional enough to have attracted tens of millions of new customer every month. Things feel smooth when using Bittrex. All big and small trading pairs are offered and it is now possible to do cryptocurrency margin trading on major altcoins. This is a cool feature, but use it with caution as leveraged trading has a certain risk factor. Keep in mind that some of the best bitcoin exchange sites also do altcoins. Yobit, Bittrex, Cryptopia and Changelly, are great options worth checking out. Some even offer short selling on major coins.
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