Some of the most important crypto and stock exchanges

in #steem4 years ago

Binance Exchange

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Binance is the most famous international exchange. It started its activity in 2017 and by the end of the year entered the top list of the largest trading platforms in terms of trading volume. The company was legally registered in Hong Kong, but moved to Malta in 2018. Binance does not work with fiat, trading is carried out only in cryptocurrency pairs, of which there are 380 today. Updated: the exchange accepts fiat, you can pay with a bank card, but verification is required. From 26.06.2019, margin trading is available. The listing includes 146 coins and tokens: Bitcoin, Ethereum, Litecoin, Stellar, Nem, IOTA, Cardano and other promising cryptocurrencies. Commission - 0.1% of the transaction volume (when buying a BNB token, the commission is reduced to 0.075%). You can withdraw 2 BTC per day without verification. Binance is a reliable crypto exchange for trading cryptocurrencies.

  • Exchange type: centralized.
  • Website: binance.com.
  • Verification: absent when working with cryptocurrency.
  • Localized interface: English and other languages.
  • Spot commission: from 0.1%.
  • Fiat payment methods: bank cards, Advcash, Payeer.

FTX Exchange

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A cryptocurrency derivatives trading platform that also supports USDT futures. Allows you to trade with up to 101x leverage. Calculations are carried out in stablecoins.

Among other things, on FTX, the user has the option of opening a short or long position with up to 3x leverage without collateral. The FTT token provides a discount on fees and is available for use as collateral on this exchange.

Kraken Exchange

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Exchange founded in 2011; headquartered in California. Provides spot, futures and margin trading as well as a range of OTC services. Works virtually all over the world, excluding several Asian countries.

The main difference between Kraken and other cryptocurrency exchanges is the use of the so-called "dark pool". This means that the order book is hidden from the view of users in order to avoid unnatural price movements.

Bitmex Exchange

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Bitmex is the best exchange for margin trading in cryptocurrency. Trades are opened long (buy) and short (sell). Today, in a falling market, it is recommended to follow the trend and short cryptoassets. The maximum leverage is 1: 100 for Bitcoin; 1:50 for Ethereum; 1:33 for Litecoin; 1:20 for Cardano, Ripple, Tron. It is important to take into account all the risks of margin trading: leverage allows you to earn more, but the risks also increase. The site has been operating since 2014, the daily trading volume as of 10/17/2018 is more than USD 1 billion. For beginners and those who want to learn more and understand how to trade on the Bitmex cryptoexchange, there is a test version of testnet. It simulates demo mode. There is a lot of reference information on the site of the Bitmex crypto exchange, with which it is recommended to start acquaintance.