Why Does it Matter to Choose the Best Exchanges?
The first step to profiting big is choosing reliable exchanges to trade with. They are your gate to the crypto world. Three main factors differentiating between a useful exchange and a useless exchange are liquidity, security, and fees. Look for them when you choose the best crypto exchange platform for you!
And the Best Exchanges are:
At the time of this writing, Binance has the most volume in the market. This means they have the most money being transacted and are the most liquid. They also have the most users and have never been hacked. With a clean track record, reliable team, and lots of liquidity I am confident in recommending Binance as one of the exchanges you must use.
Coinbase Pro offers less trading pairs than Binance, but is very well trusted, especially by larger investors. They are US based, FDIC insured, and have never been hacked. FDIC insured means that US users are insured for up to $250,000 (of your USD wallet) if something unfortunate were to happen.
Are you a risk taker? Then BitMEX is for you. They offer up to 100x leverage, which means high risk, high reward. They are Hong Kong based and have also never been compromised by hackers. BitMEX is a good alternative to spot trading exchanges such as Binance and Coinbase Pro.