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Binance is an online-only platform. The platform specialises in buying, selling, and trading cryptocurrencies, such as Bitcoin and Ethereum.
★★★★★
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FREE
Excellent
Low fees, comprehensive charting options, and hundreds of cryptocurrencies PROS:
- Low fees
- Different sorts of transactions
- Support for a large variety of cryptocurrencies
CONS:
- Difficult to use the mobile app which compels me to use the web version instead
- Their account verification process is annoying
Our Pick
Although Kraken offers products, instructional materials, and tools for novice cryptocurrency investors, many of its services are geared toward those with greater experience.
★★★★★
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FREE
Excellent
Best for Beginners PROS:
- Sophisticated functions like staking and margin trading
- Fees for withdrawing Bitcoin (BTC) are relatively minimal
- Wide range of instructional resources
CONS:
- Kraken only accepts a select few fiat currencies
Because of its user-friendly design, Luno lives true to its promise, "Cryptocurrency is for everyone." Also, it is quite secure. Nevertheless, with a limited variety and few features, this is one of the most basic cryptocurrency exchanges.
★★★★★
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FREE
Excellent
Luno is a good choice for novices because to its user-friendly interface and security, although it just provides the fundamentals. PROS:
- Cryptocurrency trading for beginners
- Superior safety
- Fast verification
- Educational resources
CONS:
- There are just only 10+ cryptocurrencies.
- Limited features
Our Pick
Tokenize is a cryptocurrency exchange with a singular platform that specialises in fiat-to-crypto, crypto-to-crypto, and IOC (IEC) listings.
★★★★★
More details +
FREE
Excellent
A user-friendly trading interface and aggressive trading fees as low as 0.1% for premium members tease traders. PROS:
- Fast and easy to create an account
- Ability to earn interest on crypto
- Insurance up to USD $100 million
- Token metrics and detailed analysis
CONS:
- There are both trading fees and withdrawal fees.
- No advanced trading and risk management tools.