The crypto world is growing at an insane pace. Just two years ago, there were only a handful of crypto exchanges, and the market cap was just $20 billion. Today, there are over 200 exchanges with a market cap of $200 billion. This explosive growth has led to new exchanges popping up every month. Each exchange has its own pros and cons, but which ones will be able to stand the test of time?
As an investor, it’s important to know which exchanges have a long-term future so you can pick the right one for you. Some of these exchanges might not be around but we have done our research and found the top Bitcoin exchanges that will still be here in 5 years' time and be worth investing in. Here are our top picks.
Binance is currently the largest exchange in the world. They offer a wide range of crypto coins and have a strong focus on security which is important for an exchange. Binance’s interface is easy to use and very beginner-friendly making it a great exchange for new crypto investors.
They also offer very low trading fees at just 0.1% which is much lower than other exchanges. The Binance token (BNB) is an ERC20 token which gives holders big discounts on trading fees. Binance has a strong customer support team and is known for being very responsive to customer queries.
They are also known for adding new coins to their exchange very quickly. Binance is expected to grow even larger in the future as they are planning to add a lot more coins and expand their customer base. Binance is one of the best exchanges out there and is definitely one to watch.
Coincheck is one of the largest and fastest growing exchanges in the world. It is headquartered in Tokyo and was founded in 2014 by a group of fintech and internet experts. Coincheck is regulated by the Japanese Financial Services Authority (FSA) and has a strong focus on security and regulatory compliance. Coincheck was one of the first exchanges to be approved by the FSA and is one of the most well-known and trusted exchanges in Japan. Coincheck has a wide variety of coins and a user-friendly interface.
They have low trading fees and also very good customer support making them a great exchange for new investors. Coincheck is also very beginner-friendly with features like Auto buying and selling and an easy-to-use interface. Coincheck is planning to expand and add a lot more features to their exchange. If they can maintain their current level of service, Coincheck is a great exchange to invest in.
KuCoin is a cryptocurrency exchange based in Hong Kong. It was founded in 2017 by a group of fintech and blockchain experts with operations in the United States. KuCoin has a wide variety of coins and is a very good option for new crypto investors. KuCoin’s interface is easy to use and beginner-friendly. They also have a strong focus on security and regulatory compliance.
KuCoin is also known for adding new coins quickly and has a very good track record of picking out new cryptocurrencies before they take off. KuCoin is also famous for their generous referral program where they give out free crypto to all new users who sign up through their referral link. They offer a wide range of free coins and have a very interactive team with a strong focus on customer support. KuCoin is definitely one to watch in the future and a great exchange to invest in.
Summing up
These are the Top Bitcoin Exchanges. Binance is currently the largest exchange in the world. Coincheck is one of the largest and fastest growing exchanges in the world. KuCoin is a cryptocurrency exchange based in Hong Kong. All of these exchanges are great places to invest in.
The crypto world is growing at a rapid pace and it’s difficult to predict which exchanges will be most successful. However, these exchanges seem to have what it takes to succeed in the long term. If you want to invest in an exchange, any one of these three would be a good choice.
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May 17, 2022
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