- Crypto exchanges facilitate trades and execute transactions
- Top exchanges are listed below, which are used by most of the traders
Traditional finance was the best intranet of money making but due to some discrepancies and growing opportunities in the new decentralized finance. Many inventors are now shifting their focus toward decentralized finance. The most important instrument of decentralized finance is cryptocurrencies. These cryptocurrencies are traded through exchanges.
This market can be confusing for markets as there are thousands of wallets and hundreds of exchanges. This article has top crypto exchanges:
- Coinbase Exchange
This crypto exchange is one of the best exchanges of the market present out there, with a huge trading volume of $342,547,077.83. This exchange is based in the US and allows its users to buy, sell and store cryptocurrencies quickly.
It also provides a special service for its premium user, which provides the user extra benefits such as lower trade execution charges and faster trade executions.
Talking about founders, Brian Armstrong is the CEO of the company. Who is a graduate of the Rice University of Texas? This exchange is also trustable because its parent company, coin base global, has been running in the decentralized world since June 2012.
This exchange also has a larger global reach as it is accessible in 100+ countries.
- Kraken
Kraken is The second biggest name in the list of top exchanges. This exchange currently handles a trading volume of $119,605,382.78. This is also a US-based exchange founded in the year 2011. Since then, it has won the trust of thousands of users and also counts under the new few exchanges offering spot trading, margin trading, futures, indices, and staking.
Although this exchange provides its services for the decentralized market, it still needs to be fully decentralized,. It is a centralized exchange. The company is owned by Payward Inc., founded by Jesse Powell, who currently serves as the CEO of the company.
- By bit
This exchange is famous for its professionalism and ultrafast matching engine, quality customer services, and community support for crypto traders of all levels. This company is also the partner of one of the formula one racing teams. It currently serves more than 10 million users across the world.
It offers the services of spot trading, derivatives futures, and leverages tokens. It is also a centralized exchange. The founder and CEO of the company is Ben Zhou.
- KuCoin
This coin is an exchange that was specially built to facilitate global crypto transactions throughout the world. The platform also supports future trading and allows users to perform crypto transactions with a debit or credit card. It handles crypto assets worth $2,558,661,889.00 and 20 million users.
This exchange was founded in 2013 by Michael Gan, Eric Don, Top Lan, Kent Li, John Lee, Jack Zhu, and Linda Lin but was officially launched in 2017.
