If you want to make improve the amount of money that you can make trading on cryptocurrency exchanges, try out one of the top cryptocurrency exchanges on the market. In this post, we have assembled a list of the best cryptocurrency exchanges in terms of fees and commissions. Thus, take a look.
Number 1 Best Cryptocurrency Exchange: CoinBase
Coinbase is one of the best cryptocurrency exchanges when it comes to commissions and fees. Sure, it charges a small price for buying and selling. However, the exchange pays for itself through its accessibility and convenience. Coinbase offers apps for Android and iOS, which are free and easy to install. The prices that Coinbase charges are fixed or variable fees. Using your USD wallet or bank account, for small transactions up to $200, the charges range from $0.99 to $2.99; for transactions of or above $201, there is a starting variable fee of 1.49%.
Conveniently, Coinbase is adding PayPal. This is so that you can withdraw your crypto and deposit into your linked PayPal account. Unfortunately, it does not work the other way around. If you deposit any crypto proceeds into your PayPal account, Coinbase charges a fee of 3.99% for transactions from $78.06 and up. While using PayPal with Coinbase seems convenient, it looks like the feature is only available in the U.S. at the moment.
Number 2 Best Cryptocurrency Exchange: Binance
The exchange is a good place to trade altcoins; especially, if you believe that they will soar after the ICO stage. As the result, you can make quick money this way, if your predictions are correct.
Number 3 Best Cryptocurrency Exchange: Voyager
One of the top cryptocurrency exchanges for commission-free trades is Voyager. On Voyager, you can get $25 worth of free Bitcoin credit when you sign up. Also, the site advertises that you can get $25 for each friend who opens an account on the platform. Even more, you can trade crypto assets across multiple exchanges.
Similar to other exchanges, Voyager has an app for trading crypto assets. Additionally, 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 lets you get a better price on your trades.
Number 4 Best Cryptocurrency Exchage: Robinhood Crypto
Robinhood Crypto is one of the most-anticipated platforms out there. The company, Robinhood, already has a famous trading app with a large user base. Now, with Robinhood Crypto, the App is offering crypto purchases for USD. The platform offers more coins than Coinbase; additionally, trades are commission-free.
The platform seems great, but it is only available in a limited number of U.S. states right now. Despite the difficulties, the application has plans to add more states soon.
With different costs across the exchanges, you have many options to start trading crypto. If you need even more cash to trade crypto, but you do not want to sell it, you can always take a crypto-backed loan. Among other lending platforms, YouHodler, crypto-backed loan 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 repay your original loan, and keep the profits.