The 6 Most Important Cryptocurrency Platforms

Last updated 8 June 2020
The 6 Most Important Cryptocurrency Platforms

Binance

It is one of the most popular platforms. This platform is good for beginners and advanced users as you will not encounter a problem with liquidity while using Binance because it ranks first in the first five exchanges in CMC in terms of daily trading volume. Also, if you use BNB symbols which is the currency of the special platform, you can get a discount of up to 25% of trading fees, which is a large amount if you are looking to become a full-time crypto currency trader.

KuCoin

The KuCoin platform is a great trading platform that has got a lot of attention over the past six months. This interest is not surprising given the team behind it and the ease of use and mobility in the user interface and terms of size as well. It ranks 25 in the CMC and has a program where they continue to add new currencies/symbols in their platform regularly. KuCoin platform supports many currencies, but it is suffering from a liquidity problem.

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Bittrex

It is a US cryptocurrency platform based in Seattle. Security is the most unique factor in it, which makes it one of the best cryptocurrency exchanges in 2019. There are more than 190 electronic currencies listed on it. Bittrex charges 0.25% of each trade. Bittrex can handle trades as soon as they happen thanks to its design using flexible computing. You need to verify your identity to use this platform.

Bitfinex

Bitfinex is one of the oldest crypto trading platform market and it is very similar to Bittrex. You do not have to worry about liquidity while buying or selling on this exchange platform, as it always ranks among the top ten in CMC. The interactive user interface is clean and has enough instructions on every page that will help any beginner to use it efficiently. To start in Bitfinex, you must register and verify your identity and authenticate yourself and it usually takes 24 hours after accepting to submit to the platform valid proof of identity and also has a mobile app good enough to use while trading.

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OKEx

OKEx platform is one of the most popular platforms that support more than 145 crypto currencies and it is based in Hong Kong. OKEx has a reasonable trading fee of about 0.02% to 0.2% of the take-and-seller fee. OKEx handles nearly $1.5 million in Bitcoin featured daily and it is one of the reliable and high-volume global currency trading platforms.

Huobi

.A platform founded in China that supports about 250 cryptocurrencies Huobi has two different versions: Huobi OTC which allows trading crypto currencies in normal currencies and with zero fees, and Huobi Pro i.e. on which the advanced trading capabilities are similar to the Binance platform as it has a good base of traders and a good trading volume and a beautiful user interface.

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