Central Exchanges
What is a Centralized exchange, pros and cons

Binance
- Buy with Visa and several other payment options
- Very low transaction fees
- Several different opportunities to earn passive income
- Great liquidity, low risk of being “wrongly priced” when buying

Coinbase
- Established and listed on Nasdaq
- Easy exchange to start with
- Good security
- Customer service – phone, email and chat

Bybit
- Integrated NFT marketplace
- Very simple and user-friendly
- Anonymous trading. No KYC requirements
- Good customer service. Available 24/7, several different contact methods.
- Demo account. Learn the platform without risking losing any assets

Kraken
- Possibility of margin trading and staking
- Relatively low Bitcoin (BTC) withdrawal fees
- Large selection of educational materials

CEX
- Buy with VISA
- User friendly
- Reward for crypto staking
- Low fees for Spot trading

Bitget
- 24-hour customer support
- User-friendly and low fees
- Large range of less common tokens (small market cap)
- No KYC for most of the functionalities

Kucoin
- 100s of different crypto currencies, many currencies that are not on Binance and Coinbase
- Many different gaming currencies
- Popular, user-friendly
- Advanced trading possibilities with leverage (leverage and margin trading)

Crypto.com
- View cards that allow you to spend crypto and receive rewards
- Offers more than 250 cryptocurrencies
- User-friendly mobile app
- Provides an NFT marketplace
DeFi Exchange
What is a DeCentralized exchange, advantages and disadvantages

GMX – perpetual exchange
- Very user friendly and easy to use for those who are above with trading with leverage
- Anonymous trading, no KYC required
- Popular exchange for trading with leverage, up to 30 x leverage
- Relatively low fees and works with trading via Arbitrum’s and Avalanche networks

1inch
- 1inch finds the best rates/prices
- Available via mobile app for iOS and supports many different types of wallets
- Support for several different blockchains, wide range of cryptocurrencies
- It is possible to set limit orders

Open Leverage
- No KYC. Anonymous lending and margin trading
- OpenLeverage provides opportunities for long or short (short) positions on all trading pairs on decentralized exchanges.
- Not so intuitive and user-friendly

Biswap
- No KYC.
- Many connection options
- NFT marketplace
- Low transaction fees (0.2%)

dYdX
- Perpetuals
- No gas fees
- No KYC
- App and Browser