Best Places to Buy Bitcoin & Other Altcoins Online in 2022
Whether you want to buy cryptocurrency or planning to invest some, you need to use a reliable cryptocurrency exchange. Cryptocurrency exchanges are online platforms that typically work like stockbrokers allowing you to sell and buy bitcoins and other altcoins like Dogecoin and Ethereum. Premium cryptocurrency exchanges allow you to seamlessly carry out the buy and sell process at cost-effective prices and hi-tech security features.
If you’re looking for the right cryptocurrency exchange, identify the currencies it supports, it's pricing, how you can withdraw your savings later, and what are the security features of the platform. Here’s a list of some of the best cryptocurrency exchanges to help you make the right choice.
Looking for a platform that offers you a seamless buy and sells procedure? If you’re not very technologically sound, you should certainly choose a cryptocurrency exchange that’s user-friendly and is very secure.
What’s more is that, when you’ll finally think that you’ve learned to handle the digital currency and are ready to get a bit deeper in the crypto game, you can also sign up for Coinbase Pro!
Coinbase Pro features the same pricing but it includes even more features, charts, and indicators, as compared to the basic version.
In addition to the above-mentioned features, Coinbase offers a wide variety of altcoin choices, it’s fairly simple to use features with higher liquidity than several other platforms.
But if you’re planning to use Coinbase, don’t forget that Coinbase users have very limited control. You won’t be able to control wallet keys.
Bisq is one of the best open-source decentralized exchanges which doesn’t feature any KYC (Know Your Customer) requirements. It offers a wide range of payment options (approximately more than 15) and can be used using an Android and iOS mobile App. If you’re planning to use BISQ for buying and selling bitcoins, always keep in mind that it features a relatively low transaction speed, trading volumes and hence it’s not suitable for active trading.
What makes Bisq different from platforms like Coinbase, is that it doesn’t control the users’ funds in a custodial account. If you want more privacy, you can acquire access to the platform only by downloading it and no matter what your activity is, it won’t freeze your account. The platform is accessible for everyone and doesn’t have a KYC rule or registration process. Because of these characteristics, it's best for people who don’t have any identity issued by their country’s government or people living in an oppressive regime.
Since Bisq allows its users to trade several fiat currencies and features peer-to-peer characteristics, it also allows considerably low trading volumes and feature a low transaction time.
On Binance, there are approximately hundreds of available currencies, an exceptionally low transaction fee (i.e. 0.015% to 0.1%), and offers a plethora of trading pairs and cryptocurrencies. Besides, it offers advanced charting features.
But before you use Binance, we’d like to warn you that the platform is specifically geared towards technologically sound and advanced users. Also, Binance.US offers relatively fewer trading pairs as compared to the international version.
Founded in 2017, Binance primarily focuses on altcoin trading. Binance makes a huge portion of the daily crypto trading volume.
If you want to invest in some unpopular altcoins, then Binance can be a good cryptocurrency exchange for you. It offers over 50 altcoins and highly advanced charting. Undeniably the charting abilities and features of Binance are exceptionally unique and impressive and the costs and fees are also very reasonable.
This platform features over 200 cryptocurrencies, supports future trading, and provides users with a crypto wallet.
Established in June 2016 as “Monaco Technologies GmbH”, Crypto.com has been helping users convert cryptocurrency into fiat at an exceptionally low price. Crypto.com allows users to make future contracts, offers highly advanced order types and other crypto products like NFTs. It also offers cryptocurrency rewards, staking, and credit cards. The platform is also available as an app that allows you to earn token rewards for some listings for staking cryptocurrency.
Want to Learn More?
Now that you’ve learned about the best cryptocurrency platforms, you may want to check the beginner’s guide for Coinbase, Crypto.com, Binance, and other platforms, right? If yes, you can find all answers to your concerns regarding cryptocurrency and crypto trading at Urban Crypto.
Urban Crypto, help their people stay updated with the latest trends in digital currencies, altcoins, trading platforms, and much more! On this platform, you can find effective tips on making money online safely and securely with cryptocurrency.
About the Author
The author of this blog has a demonstrated history of helping people learn about crypto trading and he’s also an experienced investor who also writes to help people improve their knowledge about the crypto market.
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