Trading On margin

Top 10 cryptocurrency exchanges in November 2021


Understanding the whole concept of cryptocurrencies can be daunting in many ways. This becomes all the more evident when you are new to cryptocurrency trading. So, find the right platform where you can buy and / or sell crypto assets like Bitcoin, Ethereum, etc. is the need of the hour. One point worth mentioning is that a good number of cryptocurrency exchanges offer features like staking reward, margin trading, crypto trading tools, and much more. With that, here’s our find for the top 10 cryptocurrency exchanges in November 2021.

eToro

eToro was born in 2018. It is a simple interface and you can choose from 20 different cryptocurrencies here. Although the number of cryptocurrencies in the list is limited to around 20, one point worth mentioning is that the list covers Bitcoin and Ethereum. You can invest up to $ 100,000 in crypto and track its progress. Users gain insight into the volatility of the cryptocurrency market.

Coinbase

This easy-to-use cryptocurrency exchange offers insured custodial portfolios for investors and traders to store their investments. With over 50 cryptocurrencies, Coinbase is easy to use and understandable for beginners. Cryptos are secure and stored in a way that is protected against threats of hacking and digital theft.

Coinbase Pro

Obviously, Coinbase Pro is an advanced version of Coinbase. Here, users can take advantage of additional features to trade cryptocurrencies. Similar to Coinbase, cryptos are secure and stored in a way that is protected against the threat of hacking and digital theft.

Gemini

Gemini has gained attention since its launch in 2015. Being a platform for over 40 cryptocurrencies, Gemini has managed to add value to more experienced investors. Most of the cryptocurrencies here are kept in an offline cold storage system. Here the interface is simple enough that newbies will get used to it and there are some tools and features available as well which are suitable for advanced investors.

Binance

The Binance exchange, founded in 2017, has a strong focus on trading altcoins. It offers over 100 different trading pairs between different cryptocurrencies as well as many fiat-cryptocurrency pairs. For those who wish to trade or invest in lesser known altcoins, there can be no better alternative than Binance. Another reason why this exchange is on the list of the best cryptocurrency exchanges is because of its low fees.

Coinmama

Coinmama, a stock exchange registered in Slovakia, is owned by an Israeli company – New Bit Ventures. It has more than two million users in 197 countries. This cryptocurrency exchange is ideal for new crypto investors because it comes with an easy to use interface. One point worth mentioning is that this is the first exchange that allows users to make purchases with credit cards.

BlockFi

This cryptocurrency exchange was established in 2014 and is regulated by the New York State Department of Financial Services. Like any other cryptocurrency exchange, one can certainly trade cryptocurrency here. But apart from that, registered users can also have access to several other financial services.

Moreover, users can deposit funds into accounts and earn high interest rate on those funds.

Kraken

This cryptocurrency exchange currently supports traders in nearly 200 countries and is a platform for over 80 cryptocurrencies. It offers margin trading and futures trading. The margin account feature is such that you can borrow up to five times your account balance to trade crypto assets.

Bittrex

Bittrex stands out from the rest of the cryptocurrency exchanges in a number of areas. One of those areas is two-factor authentication where the exchange uses a multi-step wallet strategy to ensure funds are kept in secure, cold storage (offline storage). Another remarkable feature of this exchange is that the transaction fees are also significantly lower than other exchanges.

Abra

Abra is one of those mobile cryptocurrency exchanges that prides itself on offering over 100 cryptocurrencies, including bitcoin, ethereum, dogecoin, and others. In addition to this, the platform also provides custodial storage services, interest account options, loans (with interest rates as low as 0%) and much more. It is present in around 150 countries.

Share this article

Share

About the Author

More info about the author

Ashish Sukhadève


Ashish is the editor of Analytics Insight. He brings over 16 years of experience in business research and analysis across different industries. He graduated from the National Institute of Technology (NIT) in Durgapur in 2001. Ashish completed executive programs in business analysis at IIT, Hyderabad and Narsee Monjee Institute of Management Studies (NMIMS).

More from Ashish Sukhadeve


Comment here

placeholder="Your Comment">