Cryptocurrency trading is one of the most common ways to generate income on the Internet. Digital assets are extremely volatile, opening great earning opportunities for traders and investors to make a profit from price differences. A cryptocurrency exchange is a platform where traders convert one digital asset to another. In this article, we would like to discuss the biggest crypto exchanges in the cryptocurrency market and pick one that best suits a novice trader.
Top Crypto Exchanges
We offer a list of the best and widely used platforms in 2022:
- Binance
- Coinbase
- Kraken
- WhiteBIT
- Huobi.
The leader in terms of market capitalisation and trade volume is Binance. It is the most trusted crypto exchange in the world. However, it will be challenging for beginner users because its interface contains many advanced features. So we recommend trying other, less complicated, services like WhiteBIT.
Why Should You Rather Begin With WhiteBIT?
WhiteBIT is the largest cryptocurrency exchange in Europe. It is registered in Estonia and complies with all AML and KYC requirements in this field. Novice traders highly appreciate the platform because it has an intuitive and straightforward interface, easy to handle and navigate from the first try. At the same time, it offers a complete set of trading tools that are so much valuable for advanced trading. For example:
- futures;
- leverage, margin;
- spot;
- staking;
- p2p;
- codes;
- etc.
The platform supports over 400 trading pairs and allows purchasing digital assets with real money using your bank card.
On top of that, WhiteBIT allows users to practice different trading strategies and try all the exchange’s tools using a demo account. Demo tokens serve as a currency for practising all possible strategies and tools, including futures trading, bots, leverage, etc. This option attracts both beginner traders and experienced users to improve their skills and prepare themselves to trade on real markets.