Best Cryptocurrency trading platforms

Best Cryptocurrency platforms:

Kraken:


Trading fees: Flat 0.9% stable coins, 1.5% other cryptos
Kraken is the oldest crypto exchange of US, founded in 2011. This platform offers a perfect range of coins with very competitive trading fees. kraken is one of the few crypto exchange in US that offers margin trading, future trading and advanced tools such as advanced order types.


Pros:

  • Advanced features on Kraken Pro such as staking and margin trading.
  • Low bitcoin withdrawal fees.
  • Customer service options are available, chatbot and phone support.
  • Gives education material of cryptocurrency.

Cons:

  •  Not available in many states.
  • Accepts only few fiat government currencies.
  • Complaints about account being hacked.


Gemini:



Trading Fees: 0.2%Maker Fee, 0.4%Taker Fee
Tradable Coins: 120+

Gemini is suited for crypto investors of any skill level. It has unique features like Gemini earn program for earning interest on crypto held and Gemini Credit Card. Gemini is available in all 50 states, the company stated that it meets all Us regulatory requirements.  

Pros:

  • Simple and intuitive user interface
  • Available in all states
  • Users can also earn crypto rewards by using Gemini credit card

Cons:

  • Few customer service options
  • Popular coins such as ADA Cardano is not available 
  • Complicated Fee structure if you are not Spot trading

Binance:

Trading Fees:  0% BTC Trading Pairs, 0% BUSD Spot Trading Pairs
                          25% BNB Deduction Spot Trading, 10% BNB Deduction Future Trade

Trading Coins: 80+

Binance is an online exchange where users can access opportunity to trade cryptocurrencies. It mostly supports most common traded cryptocurrencies. Binance provides in app wallet for users to store their cryptocurrencies. 

Pros:

  • Low Fees 
  • 25% trading fee discount by paying fees with binance coin (BNB)
  • Identity verification process
  • Tax statement portal available to prepare crypto taxes
  • Educational resources also available 

Cons:

  • 10$ minimum trade
  • limited customer service
  • Not available in all states 
  • lacks in security information