{"id":45269,"date":"2021-11-28T15:13:02","date_gmt":"2021-11-28T20:13:02","guid":{"rendered":"https:\/\/www.escapeartist.com\/?p=45269"},"modified":"2022-07-06T20:37:30","modified_gmt":"2022-07-07T01:37:30","slug":"top-7-crypto-exchanges-for-2021","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/top-7-crypto-exchanges-for-2021\/","title":{"rendered":"Top 7 Crypto Exchanges for 2021"},"content":{"rendered":"

Cryptocurrencies are all the rage these days as everyday investors are turning into multi millionaires overnight.\u00a0 Each day new coins are released and getting pumped hard. To buy cryptocurrency you\u2019ll always require a cryptocurrency exchange which works like any traditional exchange but online.\u00a0 Here we will review the top crypto exchanges for 2021.<\/p>\n

Deciding which coin to invest in is no doubt the main step of your initial crypto journey. Choosing the right exchange can also be a critical decision as not all are created equal. So here we have listed the top 7 cryptocurrency exchanges for 2021 for you to pick the right one depending on your geo-location, funds limits and choice of cryptocurrency.<\/p>\n

1.\u00a0\u00a0 Binance<\/h1>\n

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Binance (founded in 2017 in the Cayman Islands) stands first on our list as it is one of the most commonly used exchange in the United States. Binance (rated 9.9<\/a>) collects the largest cryptocurrency volume (as of today it\u2019s $30,908,300,998) and has the largest number of active users. Binance was founded by Changpeng Zhao and was initially based in China. Binance has 30,790,998 visits on average weekly.<\/p>\n

Binance offers the lowest possible fees compared to other competitors and supports the largest number of cryptocurrency coins and tokens (more than 1500).<\/p>\n\n\n\n\n\n\n\n\n\n\n
TRANSACTION<\/td>\nBINANCE FEE<\/td>\n<\/tr>\n
Buy\/Sell with Bank Account<\/td>\n0.10%<\/td>\n<\/tr>\n
Buy\/Sell with Wallet<\/td>\n0.10%<\/td>\n<\/tr>\n
Buy\/Sell with Credit\/Debit Card<\/td>\n1.10%\u20132.10%<\/td>\n<\/tr>\n
Instant Card Withdrawal<\/td>\nN\/A<\/td>\n<\/tr>\n
Wire Transfer (USD)<\/td>\nFree<\/td>\n<\/tr>\n
Exchange Crypto<\/td>\n0.10%<\/td>\n<\/tr>\n
ACH (USD)<\/td>\nFree<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Easy of access defines how easily can a user trade cryptocurrency on the platform. An absolute beginner might find it difficult to trade on Binance as is mainly for moderate to advanced level traders.<\/p>\n

2.\u00a0\u00a0 Coinbase Exchange<\/h1>\n

Coinbase Exchange (rated 9.0<\/a>) \u00a0ranks second on CoinMarketCap crypto exchange based on its 24h trading volume of $6,579,425,475 equivalent to 101,243 BTC. Coinbase Exchange has weekly visits of over 3,418,423 and it currently supports 119 coins and 3 main Fiat USD, EUR, GBP.<\/p>\n

Coinbase exchange is extremely user-friendly and easy to use, making it perfect for beginners. The interface of the Coinbase wallet is easy to use and focused for the beginner however, the Coinbase pro interface is like the one Binance has it comes with advanced tools to assist the trained traders. Coinbase has fairly lower fees.<\/p>\n\n\n\n\n\n\n\n\n\n
Payment Method<\/strong><\/td>\nCoinbase Fee<\/strong><\/td>\n<\/tr>\n
Bank Account<\/td>\n1.49%<\/td>\n<\/tr>\n
Coinbase USD Wallet<\/td>\n1.49%<\/td>\n<\/tr>\n
Debit\/Credit Card<\/td>\n3.99%<\/td>\n<\/tr>\n
ACH Transfer<\/td>\nFree<\/td>\n<\/tr>\n
Wire Transfer<\/td>\n$10 ($25 outgoing)<\/td>\n<\/tr>\n
Crypto Conversion<\/td>\n2.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

3.\u00a0\u00a0 KuCoin<\/h1>\n

KuCoin Exchange (rated.8.6) ranks third on CoinMarketCap crypto exchange based on the 24h trading volume of $3,739,396,707 equivalent to 92,150 BTC. Coinbase Exchange has weekly visits of over 2,229,387 and it currently supports 987 pairs.<\/p>\n

KuCoin Exchange was launched in September 2017 and located in Seychelles. It offers a large number of cryptocurrency pairs to trade on. The exchange focuses more on quality projects that are more reliable and secure. On September 20, 2020, the exchange got hacked and funds worth a million dollars were stolen from the users. The attack was the fourth-largest hack<\/a> on any exchange stealing $280 million. Through use of its blockchain tool 84% of the funds stolen were recovered. The rest of the losses were covered by the exchange itself. The appropriate response to the exchange earned traders\u2019 and investors\u2019 respect and trust.<\/p>\n

About the KuCoin Exchange fees<\/a>, if compared to Binance, both start at the minimum of 0.1% but as the trade volume increases, KuCoin Exchange stands as the winner for the lower rate when there is an increase in trading volume.<\/p>\n

4.\u00a0\u00a0 Kraken Exchange<\/a><\/h1>\n

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KuCoin Exchange (rated.8.5) ranks fourth on CoinMarketCap crypto exchange based on the 24h trading volume of $1,993,953,738 equivalent to 35,723 BTC. Coinbase Exchange has weekly visits of over 2,406,006 and it currently supports 374 pairs. Kraken Exchange supports every type of trader from beginner to expert to trade and invest with trust and ease of use.<\/p>\n

Kraken Exchange is different for a different levels of traders and platforms. Following are the deposit fees for instant buy.<\/p>\n\n\n\n\n
Kraken Fee<\/strong><\/td>\nPayment Card
\nProcessing Fee<\/strong><\/td>\n		Digital Wallet Payments
\nProcessing Fee<\/strong><\/td>\n		Online Banking\/ACH
\nProcessing Fee<\/strong><\/td>\n<\/tr>\n
0.9% fee for any stablecoins**
\n1.5% fee for any other crypto or FX pair<\/strong><\/td>\n		3.75% + \u20ac0.25***<\/td>\n3.75% + \u20ac0.25***<\/td>\n0.5%***<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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To find more about Kraken Exchange Fees, click here<\/a>.<\/p>\n

5.\u00a0\u00a0 OkEx<\/h1>\n

OkEx Exchange (rated 6.7) ranks 21st on CoinMarketCap crypto exchange based on the 24h trading volume of $10,750,587,653 equivalent to 423,541 BTC. Coinbase Exchange has weekly visits of over 1,215,097 and it currently supports 670 pairs. Most pairs are offered in USDT, BTC, USDK, ETH, and OKB.<\/p>\n

OkEx exchange may have lower trading volume but it stands fifth in our list for its amazing ease of use as it is supported by 200+ countries. OkEx exchange has two outlooks, wallet mode for beginners and instant buys and advance mode to aid the experienced trader with the latest trading tools and indicators.<\/p>\n