As time is progressing the digitization is increasing its wings manifolds. It is well known that the slow and steady always wins the race, similar is equally applicable to the cryptos as well. With time the digital assets are getting attention from all over the world. These are getting famous because of several causes one of which is the strict inflationary policies of the government in the physical market which is not applicable in the digital world making digital assets the best source of investments and buying. That is the main reason that some people have started earning in crypto. Not only this they are now collecting the interests in the form of cryptos. Some are investing for short-term gains and some believe in investing for long terms, speculating the market trends they believe in scoring more and big. Many people use online trading platforms, read more to trade this cryptocurrency for profits.
But the question arises where to get these digital assets. Where one can go and buy these currencies being an online platform. The answer to the question lies in the answer to crypto exchanges. Just like in physical markets we have markets like share markets to buy the stocks, similarly, we have the digital markets in the form of exchanges where one can buy these assets. These exchanges being online are available round the clock and 24 hours a day. This article deals with these exchanges which are spread all over the world and are providing the best in their field. Some of the best exchanges for the sale or buying of bitcoins are described here as under:
- Binance: It is the most substantial growing exchange in the world. The company of Binance is situated in Europe which is known by the name crypto heaven, thus has efficient and fast crypto exchange facilities. These are designed for beginners and also for advanced learned traders and investors. It has an inbuilt wallet facility that can be used to store bitcoins and other currencies for a shorter period. Selling, trading and earning are important aspects of Binance. Moreover, Binance is a centralized crypto exchange.
- FTX: FTX is a new entrant in the field introduced in 2019 and it has become one of the famous crypto exchanges within no time.it was established by FTX trading Ltd. it has a friendly user interface that is adding to its fast growth and popularity. Its offices are mainly based outside China. FTX comes under leading Wall Street quant funds and tech companies. In the year previous to 2020 the exchange raised around $7 million. It has services like spot trading, staking, and future trading.
- BitMEX: It is referred to as a high-volume crypto exchange. It has its bend towards advanced crypto users i.e., investors and sellers. High-frequency traders and web developers use this kind of exchange. In this exchange, the question of liquidity of funds does not arise. The registration is simple and their fees are quite nominal that adds up to their benefits.
- Bitfinex: It is one of the largest and most popular crypto exchanges. It is based in Hong Kong and has been in operation since 2014. Users can trade among several cryptocurrencies that outnumber around more than 15 that too in dollars or BTC. The user has to pay a nominal transaction fee which varies around a few percent of the trade.
- Coinbase: A US-based crypto exchange that has the capability of serving the globe. They are beneficial also for newbies and advanced users equally. The platform can be used for the quick buying and selling of currencies digitally. They can be used over the phone both on Android and iOS which gives comfort to the years.
Thus, the growing awareness of digital currency has added up to the awareness of these exchanges. People are using these exchanges for quick transactions helping them to acquire an asset digitally and physically.
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