Top 10 Cryptocurrency Marketplace in the World | Coin Gabbar
Cryptocurrency is a trending topic in the finance world, with Bitcoin breaking its own records while Dogecoin (DOGE) is making headlines on a regular basis. At present time there are over seven thousand cryptocurrencies in the market and hundreds of cryptocurrency marketplaces or crypto exchanges.
Cryptocurrency marketplaces are online platforms that allow visitors to do all kinds of activities regarding cryptocurrency. Users/ visitors can buy, sell, transfer and exchange cryptocurrencies with these platforms. These platforms also keep users up-to-date with the changes in all the listed cryptocurrencies along with all the latest happening in the crypto world.
As the number of cryptocurrencies and marketplaces in the market continues to grow, investors have more options than ever to exchange their hard-earned money for decentralized digital money. Every crypto marketplace is a little bit different from the other and also has some very unique cryptocurrencies along with most of the popular ones.
There are tons of horror stories of hackers during traders from poorly protected cryptocurrency exchanges for their profit, making it all necessary to choose a secure crypto trading platform carefully before you invest. That said, which of the many cryptocurrency exchanges is the best option for you?
In this article, we are listing the best cryptocurrency marketplace in the world, and we will also mention where these platforms operate and where they are being used mostly.
Best Cryptocurrency Market Place and where they are from
1. Coinbase
Coinbase or Coinbase Global, Inc. is an American company founded in June 2012 by Brian Armstrong and Fred Ehrsam. It is available to 100 + countries from North America, South America, Europe, Asia, Oceania, and Africa. In March 2021 it became the largest cryptocurrency exchange in the United States by trading volume.
Many experts consider it the best site for beginners as users can see all coins in one place, it has a simple user interface and you can easily buy different cryptos
A user-friendly interface, straightforward signup process, and only $5 in Bitcoin to open an account make Coinbase the best place for new traders.
2. Voyager
Voyager is a project by Voyager Digital, an aUS-based company. It was one of the first publicly traded exchanges and with time it became a popular platform for investing in crypto. It offers an app-driven structure that also provides a commission-free trading facility.
Voyager supports 60+ most of the popular cryptocurrencies, has solid backing and engagement, and pays good interest rates on assets.
It is currently available to residents in allU.S. states, excluding New York, It will soon be available in Canada and Europe.
3. BlockFi
BlockFi is yet another project from a US-based company. As of 2019, BlockFi's loans are available in 47 states in the U.S. Its interest accounts are available to people worldwide except for 3 states and any country approved by the U.S., the U.K., or the European Union.
This crypto investment platform allows its users to lend and earn interest on their holdings. Plus, you can lend against your holdings instead of selling your coins and tokens.
4. Uphold
Founded in 2013 by Halsey Minor, Uphold offers a straightforward solution for trading multiple assets - open an account and trade multiple assets without having to travel to cash. If you have traded every cryptocurrency, you will find that a lot of coins and tokens only trade in certain pairs, so you are always going back to BTC or ETH. Uphold allows you to trade multiple assets directly.
5. Kraken
Kraken is a US-based cryptocurrency exchange and bank, founded on 28 July 2011. The exchange offers to trade between cryptocurrency and fiat currencies. The platform provides price details to the Bloomberg terminal. It is one of the original cryptocurrency trading platforms and they have a good selection of coins and tokens to trade and invest in. It is a real exchange that allows margin trading and is not as easy to use as some of the top platforms on this list.
6. eToro
eToro is an Israeli company founded in 2006, It is focused on social trading and multi-asset brokerage activities. The company provides financial and copy trading services such as forex and crypto. The company has registered offices in Cyprus, the UK, the US, and Australia.
eToro has been in the business for a while in the UK and across Europe, but they are now allowing traders in the US as well. The platform offers a variety of digital assets to buy and sell on its platform. The platform provides the option to use a practice trading account so you will be able to explore the complete platform without depositing the actual fund.
7. Bitcoin IRA
Bitcoin IRA is a little different from the other platforms listed here. Whereas on most exchanges and wallets, you are basically just exchanging currency and are subject to paying taxes on your profits, with a Bitcoin IRA your profits inside the account are tax-free/deferred. The Bitcoin IRA was founded in 2006. The company is headquartered in Tel Aviv-Yafo, London, and Limassol. Bitcoin IRA has 50,000+account holders and the website is easy to navigate filled with educational material to learn and invest in.
8. Crypto.com
Crypto.com was established in June 2016, it is a Singapore-based company that is operating a fully-featured cryptocurrency exchange app, it doesn’t have a website or anything. It currently has 10million worldwide users and 90+ crypto tokens and coins, but for people in theUS, there are only 50 tokens and coins.
9. Binance
Binance was founded in 2017 by Changpeng Zhao. It is registered in the Cayman Islands. It is currently the largest exchange in the world by daily crypto trading volume. It is not as easy to use as some of the other platforms on this list, but they do have one of the most robust trading platforms, the project is also backed with a nice mobile app, but again, it is not easy to use.
10. Hodlnaut
Hodlnaut is focused on Bitcoin and stable coin trading. It was founded in 2019 and it is a Singapur-based company. The platform is also a robust saving and lending platform. With all its features, the platform offers innovative financial services for individual investors who want to earn interest in their cryptocurrencies. The platform is available for worldwide users.
While most of the above-listed platforms are available for worldwide users there are some platforms that are serving a specific region. It is due to restrictions or their capacity. There is one interesting platform that can keep you up-to-date with the latest happenings in the cryptocurrency world- namely Coin Gabbar. It is a Cryptocurrency portal and a marketplace that provides live price details of 7000+ cryptocurrencies along with all the news and updates. The portal will help you to make good investment decisions and it will also help you to understand all the ups and downs easily.
