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Top 3 Best Exchanges To Buy Crypto In 2023

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Cryptocurrency

Cryptocurrency is becoming more mainstream lately. People now understand that they can earn income by investing in or trading virtual money. Even though crypto fans don’t believe there is a coin that can offer as much profit as Bitcoin did back in the day when it skyrocketed, it’s still a great investment.

In this article, readers will learn about the best website to buy cryptocurrency. We offer a description of the three best crypto exchanges with low fees and good protection measures. Thus, you can choose the best option according to your requirements and needs.

Kraken

Kraken owners call the platform “everyone’s crypto exchange.” This platform is ideal for experienced cryptocurrency investors who value low fees. However, financial operation fees can quickly add up for day traders. Professional traders can easily execute advanced order types and margin trades. Moreover, the Kraken trade platform enables futures trading.

Kraken is also ideal for beginners looking to buy and hold virtual tokens. It offers a large myriad of coins and tokens. Moreover, Kraken makes it simple to purchase tokens using the “Instant Buy Platform.”

Kraken provides various customer service options for quick user support. The platform also offers excellent educational resources to learn more about crypto. However, the downside is that these materials could be more well-organized.

Now, let’s talk about the pros and cons.

Pros:

  • User-friendy, especially for beginners.
  • Low non-instant purchase fees.
  • Cutting-edge trading and exchange platforms.
  • A large crypto token selection.
  • A wide selection f trading tools.

Cons:

  • High instant purchase fees.
  • Unorganized educational materials.
  • Fees for withdrawals and high minimums.
  • Not many fiat currency options.

Despite having a few drawbacks, Kraken is still one of the most used and popular exchanges. It’s safe, with relatively low fees, and it offers a great selection of crypto tokens. As for fees, instant ones always require more payment. Thus, Kraken still offers convenient conditions.

WhiteBIT

The WhiteBIT cryptocurrency exchange has everything a beginning trader requires, including a convenient method to buy digital assets with a credit or debit card. WhiteBIT provides a variety of exchange tools apart from the already mentioned one. It has a user-friendly trading platform with invaluable tools such as charts and 5 trading orders. To obtain cryptocurrency on WhiteBIT, you can use one of three exchange methods:

  • By buying crypto directly via credit cards using Buy crypto option
  • By placing an order
  • By exchanging one asset to another.

WhiteBIT is a full-service platform with a safe crypto wallet for storing digital coins and tokens. The platform stores more than 96% of its cryptocurrency in a cold wallet to avoid scammers or hackers getting access to users’ funds. Thus, you may safely store recently purchased coins without buying a cold wallet.

Now let’s see the pros and cons of this platform:

Pros:

  • Offers more than 350 crypto pairs to exchange and trade.
  • Available in most countries and is considered the most popular European exchange.
  • A convenient set of trading and exchange tools.
  • Low and transparent fees.

Cons:

  • It sometimes takes more time to wait until the account is verified.

The platform has a user-friendly interface, so even beginners can understand how to use the exchange.

Gemini

The Gemini cryptocurrency exchange has Android, iOS, and web app versions that allow coins and token purchases. People can also earn rewards in BTC, LTC, ADA, ETH, or any of the hundred available cryptos currently available on Gemini with the Gemini Credit Card. Yes, the platform finally launched the credit and debit crypto card program! Moreover, Gemini Credit Card is the only credit card that immediately deposits your cryptocurrency rewards.

Gemini is a full-service cryptocurrency trading and exchange platform with a safe crypto wallet for storing digital coins and tokens, trading tools, portfolio management, and other tools. Now let’s see the pros and cons of this platform:

Pros:

  • Offers to buy and sell over 100 cryptocurrencies.
  • Available in most countries, including all states in the U.S.
  • A convenient Crypto Credit Card.

Cons:

Higher fees compared to other similar platforms.

The platform has a user-friendly interface, so even beginners can understand how to use the exchange.

Final Thoughts

When choosing a cryptocurrency exchange, selecting a safe platform is critical. The three mentioned exchanges are the safest platforms that protect user privacy and funds.

I'm a passionate full-time blogger. I love writing about startups, how they can access key resources, avoid legal mistakes, respond to questions from angel investors as well as the reality check for startups. Continue reading my articles for more insight.

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