Top Cryptocurrency Exchanges of 2021: The Pro List
These cryptocurrencies performed well in 2021. Some of them are already quite popular, some deserve special attention. As we are nearing the end of 2021, cryptocurrencies are becoming a part of our daily lives. And the best place for investing in cryptocurrencies is cryptocurrency exchanges. These exchanges usually allow users to use their services in exchange for some fees. These fees include deposit fees, trading fees, and withdrawal fees. Some of the best names in the Top Cryptocurrency Exchanges list are as follows: Coinbase We are starting the list with Coinbase. The exchange has a wide user base based around the world, and it's been named the best. It supports different cryptocurrencies like Bitcoin, Litecoin, Ethereum, and other currencies as well. Pros ● ● ● Cons ● ●
It has the best selection of cryptocurrencies and tokens It's quite secure and has the stamp of trust from numerous users The interface is easier to use
It has high fees, only it can be lessened only in Coinbase Pro It does not support new cryptocurrencies (the adoption rate is quite slow) ● It does not allow users to use private keys
Gemini Are you a beginner? Do you think that other cryptocurrency exchanges are quite tough to use and navigate?
Then welcome to Gemini, an exchange designed specifically for new cryptocurrency users. Pros: ● ● ● Cons ●
Like Coinbase, it supports multiple cryptocurrencies It is accessible from all states The site is quite secure than the rest The trading fees are quite higher
BlockFi Relatively new in the market, BlockFi is steadily gaining popularity among users, especially new ones. Here, you will receive interest on your assets and also lend them. You have the option to borrow too. Pros ● ● ● Cons ● ●
It does not charge any fees or commission It offers a higher interest rate than other cryptocurrency exchanges It is regulated by US authorities It caps cryptocurrency withdrawals after some time (free ones) It does not come with many tokens and cryptocurrencies
Kraken Kraken has always been on the list of the bests, and it says something. It has multiple coins and tokens and offers the facility of marginal trading. If you are more of a risk-taker, then you can visit this exchange. We have given it a position on our top Cryptocurrency Exchanges list. Pros ● ● ● ● Cons
Has been in the market for quite some time Therefore, it has some rules and regulations associated with it It is secure and versatile It has a lot of tokens in it's arsenal
● Employs the most difficult algorithm ● It does not have the best customer service, team eToro eToro has been working in the UK, and Europe, and has started offering its services in the USA. It offers a $10 bonus to new users. Pros ● ● ● Cons ● ●
It is not limited to any particular location Low balance Copy trading is available Does not support multiple coins Has some limitations in the USA
So, these are the best names that one should consider. Do you have some names on your mind too? Don't hesitate to sound off in the comments.