List of the Popular Crypto Exchanges that Support Bitcoin
While there is no shortage of crypto platforms in the industry, there are some popular crypto exchanges that outperform the others. This is due to the high-end features and services they offer along with high-end security and more.
Most of the crypto exchanges offer the same kind of features, more or less. However, they vary from each other based on quality of services and other aspects.
Therefore, if you are new to the crypto space and want to buy or trade Bitcoin then a good practice is to take a look at the list of popular platforms operational in the industry. If you are familiar with their attributes and what they offer then you can match it with your criteria and choose a suitable one accordingly.
Popular Crypto Exchanges – Bybit
One of the most well-known crypto exchanges in the industry is Bybit. This is an outstanding trading platform that not only supports trading Bitcoin but leverage trading as well.
If you are interested in using the Bybitexchange then there are numerous details that you need to know.
Bybit was established in 2018 and it very quickly became a technologically advanced trading platform. It has a user-friendly interface and is a suitable exchange for all kinds of traders for several reasons.
The customer support services offered by the trading platform are one of its biggest selling points. The customer support agents are available 24/7 and are easily accessible for all users.
Bybit also supports leverage trading and offers one of the highest leverages, which is up to 100x.
One of the newly introduced features that makes it one of the best and most popular crypto exchangesfor all crypto traders is the copy trading feature that allows new and occupied traders to automatically copy the trades of an expert.
Other impressive features include implementation of high-end security protocols, one of the lowest and transparent fee’s structure and requires the users to complete the KYC (know your customer) verification for higher withdrawal limit.
The world’s largest cryptocurrency exchange is Binance. It has the highest trading volume, however, it is not the only reason why it has an undeniable significance in the market. Binance is one of the popular crypto exchanges that caters the needs of a vast audience.
It was established in 2017 and is a go-to trading platform for millions of users. It supports the trading of more than 400 trading pairs, which is one of the largest collection in the world.
Apart from being the biggest platform for crypto traders in the industry it offers several other features to the users.
The Binance exchange uses leading-edge security protocols such as A.I. and Forensics monitoring and has one of the lowest fee structures as well. The fee structure is also free of any kind of hidden or additional charges.
It is also one of the most popular crypto exchanges because it is a user-friendly exchange with two types of trading interfaces(Classic and Advanced), designed separately for new and experienced traders.
It supports a variety of payment methods and also supports crypto staking, which is a unique feature and is not supported by all platforms.
Phemex is yet another major and among the popular crypto exchanges that caters the needs of a large audience. Even though it is quite newer in the crypto space, this trading platform has made a name for itself.
Among several impressive aspects, one of the prominent ones is that it is a community-focused platform. A recent example is the addition of LINK/USD trading pair, which was a result of the feedback given by the community.
It has a technologically advanced yet modular user-interface, which grabs the attention of number trading platforms.
Phemex is one of the most popular crypto exchanges among the crypto trading community, because it not only supports several order types but also allows the traders to create sub-accounts.
Phemex is also among the high-end and most popular crypto exchanges because it supports a multitude of currencies, which include the following:
- Bitcoin/US Dollar
- ChainLink/US Dollar
- Ethereum/US Dollar
- Gold/US Dollar
- Litecoin/US Dollar
- Tezos/US Dollar
- XRP/US Dollar
The fee charged by the exchange is also one of the lowest and is free of any kind of hidden or additional charges. The exchange also prioritizes the security of the users and supports all trading styles that include:
- High-frequency trading
- Algorithmic trading
- Long-term trading
Another reason why Phemex is among the popular crypto exchanges is the support it extends to leverage trading offers one of the highest leverages, which is up to 100x.
There are numerous popular crypto exchanges in the industry, but they all vary from each other based on the features and services they offer to the users. If you are new to the crypto space then you need to know which exchange suits your criteria the most. This is why, it is important that you take a look at the details mentioned above.