If you want to improve the amount of money you can make trading on cryptocurrency exchanges, try one of the best cryptocurrency exchanges on the market. In this post, we have put together a list of the best cryptocurrency exchanges in terms of fees and commissions. So take a look at them.
Number 1 best crypto currency exchange: CoinBase
Coinbase is one of the best crypto-currency exchanges when it comes to commissions and fees. Of course, it charges a small fee for buying and selling. However, the exchange pays for itself with its accessibility and convenience. Coinbase offers apps for Android and iOS, which are free and easy to install. The prices Coinbase charges are either fixed or variable fees. Using your USD wallet or bank account, for small transactions up to $200, the fee ranges from $0.99 to $2.99; for transactions of $201 or more, there is a variable starting fee of 1.49%.
Conveniently, Coinbase adds PayPal. So you can withdraw your crypto and deposit it into your PayPal account. Unfortunately, it doesn't work the other way around. If you deposit crypto to your PayPal account, Coinbase charges a 3.99% fee for transactions over $78.06. While using PayPal with Coinbase sounds convenient, it seems that the feature is only available in the United States at the moment.
Number 2 best crypto currency exchange: Binance
Binance is another great crypto-currency exchange in terms of commissions and fees. In fact, it's one of the most attractive crypto-currency exchanges, and for good reason. The general fees for transactions are only 0.1%. Moreover, they can be even lower if you use Binance Coin (BNB). For your information, the Binance Coin is integrated into the platform.
The exchange is a good place to trade altcoins, especially if you think they will skyrocket after the ICO phase. Therefore, you can make quick money this way, if your predictions are correct.
Number 3 best crypto currency exchange: Voyager
One of the best crypto-currency exchanges for commission-free trading is Voyager. On Voyager, you can get $25 in free Bitcoin credit when you sign up. In addition, the site advertises that you can get $25 for every friend who opens an account on the platform. In addition, you can trade crypto assets on several exchanges.
Like other exchanges, Voyager has an app that allows you to trade crypto assets. Moreover, the platform allows you to deposit USD from your bank account; and you can even start trading with as little as $10. Conveniently, the exchange has a smart order router that allows you to get a better price on your trades.
Number 4 - Best crypto currency exchange: Robinhood Crypto
Robinhood Crypto is one of the most anticipated platforms in the market. The company, Robinhood, already has a famous trading app with a large user base. Now, with Robinhood Crypto, the app offers USD crypto-currency purchases. The platform offers more coins than Coinbase; moreover, the transactions are commission-free.
The platform sounds great, but it's only available in a limited number of U.S. states at the moment. Despite the challenges, the app has plans to add more states soon.
With different costs for different exchanges, you have plenty of options to start trading crypto-currencies. If you need even more money to trade crypto, but don't want to sell it, you can always take out a crypto-backed loan. Among other lending platforms, YouHodler, a crypto-backed lending platform, offers one of the best loan-to-value (LTV) ratios in the market. You can borrow instant cash from YouHodler to invest in an altcoin; then watch the price rise and pay back your initial loan, and keep the profits.