If you are new to the cryptocurrency space then this list will be one of the best additions to your arsenal of learning cryptocurrency. I have tried curating a list of the best cryptocurrency exchanges available according to my experience and the use cases provided by my readers, Do not worry, there is something for everyone in this list. I will also be talking about some of the histories of cryptocurrency as that might be helpful for people who are just starting out in this space and are looking for or are confused about the plethora of exchanges available worldwide to choose from. Please note that this list is chronologically curated and people shall choose the exchanges according to the use case they have. Some of the exchanges listed here provide advanced trading opportunities like derivatives and others provide a savings account to earn some interest on their stored cryptocurrency holdings.
This list of best cryptocurrency exchanges will be divided into sections of 10 with some of the history lessons included in-between and the people who are already aware of the history behind cryptocurrency are most welcome to skip the sections to get directly to the list and find out their specific choice of exchange.
Before starting the list I would like to clear out a few points. Please note that this list is an opinionated piece of information and might contradict some of the other lists floating around the internet also I would like to take this opportunity to make people aware of the risks involved in cryptocurrency investment and trading. Just like any other financial instrument Cryptocurrency also carries a certain amount of financial risk and I would advise you to not treat this list or article as any kind of financial advice as this is a purely opinion based piece of writing and I would not be responsible for any kind of losses or even any kind of profit you make. You are the sole responsible for everything so, I will advise you to do your own research and gain the right amount of knowledge before diving right in.
With that said let us now look at the top 10 best cryptocurrency exchanges available:
So, this was the top ten of the best cryptocurrency exchanges available worldwide which provides the latest and state-of-the-art facilities to make your cryptocurrency journey easier and smooth with derivatives, staking, and Options for cryptocurrencies if the user is geared towards advanced or even for simpler trading facilities.
Now, when the top 10’s are out of the way, let us discuss some history, shall we?
The first cryptocurrency came into existence with the invention of bitcoin in 2008 by Satoshi Nakamoto, Wait a minute and acknowledge the fact that to date it is not fully known that who Satoshi Nakamoto is/was as some of the sources assume he was/is a man and some assume that it is a name of a group. So, as you can see the birth of cryptocurrency is a mystery in itself. Now you may ask “What was the motivation behind the invention?” because it is natural that there would have been some kind of motivation for an invention to be made of this scale. The big reveal will be made in the latter part of this article. To continue with the history at first bitcoin was used for illicit purposes on the Dark web, like for funding drugs and other illegal activities. To know more about the Dark web, kindly, refer to google.
After the initial bad iteration of the bitcoin in 2008, slowly and steadily it became a mainstream and viable mode of currency which people speculated and are still speculating to be accepted by the mainstream people in power and the government organizations around and inside any country. There are already many countries that have started regulating the acceptance of cryptocurrencies and also started to build their own government-backed cryptocurrencies India being one of them.
Let us now get to the next part of the list
11.Bybit
12.FTX
13.Bitstamp
14.Coinone
15.Poloniex
16.Bittrex
17.Gemini
18.Bitflyer
19.OKEx
20.Liquid
You need to add this article to your reading list because you might need it letter, just saying.
These are some of the best exchanges that we have listed here and you might want to keep this list handy because there are USP’s of all the exchanges and you might need to check the features as per your requirement.
So, where were we…talking about the motivation behind creating bitcoin as such a revolutionary technology. It was introduced as an alternate form of currency when the whole market crashed in 2008 due to the banks, you can read more about the 2008 global crisis and you will have a solid understanding that why the release of cryptocurrency was much required. You can call this a rebellion move by the people and for the people. One of the main motivations was the global crisis along with the purpose to fight inflation created by the government of different countries and to give the power back in the average people’s hands.
Now that you have a basic idea about the motivation behind the creation of bitcoin and cryptocurrencies let us get to the next part of the list of best cryptocurrency exchanges available:
21.Stormgain
22.Coincheck
23.WazirX
24.Crypto.com
25.CoinDCX
26.tokocrypto
27.Upbit
So, this was the list of best cryptocurrency exchanges available according to my experience, you might find some of the exchanges superior to others but I have listed it all out here for the unique features they provide which others do not. There are also some of the exchanges listed here that also provide the feature of mining USDT and some of the others are providing good joining and depositing bonuses. Anyway, it is always advised to do your own research from all the sources and do not take the word for it as the information might be outdated. Although, I constantly update this article on a regular basis. Keep your capital safe and contact your finance guy before taking any monetary decision.
Happy Investing and safe trading!