Beginner traders in the crypto field wonder which cryptocurrency exchange is best, so we will try to clarify this question in this article.
A cryptocurrency exchange is a platform, or a website, that provides tools and features for trading digital assets. There are numerous crypto exchanges in the market, the most popular are:
- Huobi Global
According to users’ reviews, WhiteBIT is the best cryptocurrency exchange. Let’s learn more about WhiteBIT and go through its crucial aspects.
The level of security
If we ask any experienced trader, “What is the best cryptocurrency exchange?” he will say, “First and foremost, safe exchange”.
Indeed, when people entrust their money to a service, they expect it will take good care of them and protect them from hackers and illegal schemes. The WhiteBIT exchange is focused on users’ security. 96% of investments always stay offline, unachievable for hackers.
Another critical thing to point out is two-factor authentication. WhiteBIT clients configure their accounts with additional protection. Time after time, when entering their accounts, users receive codes to their smartphones. Codes ensure that the account owner is the only person who can enter it.
The number of trading pairs
It is crucial to pay attention to how many crypto pairs a crypto exchange offers and is there an opportunity to buy crypto with fiat. It is essential for beginner traders who have got no crypto coins at all and are willing to begin with something. WhiteBIT allows buying crypto using a bank card. Different banks imply different fees, while the exchange fee is unchangeable.
The best cryptocurrency exchanges we have mentioned at the beginning of the article boast a convenient and easy-to-handle interface. WhiteBIT seems to be meant for novice traders – the interface can be adjusted and customized, and the icons and menu are consecutive.
WhiteBIT has a transparent fee policy – fixed 0.1% for all transactions.