Exchanges


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


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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