If you want to get into cryptocurrencies, you need to find a crypto exchange where you can buy and sell them.
Choose the best crypto trading platform to trade digital assets like Bitcoin and Ethereum, Litecoin, Dogecoin, and more. Cryptocurrencies are a new way to invest and grow money.
Welcome to the phroogal 5, a series of the five best apps. We’ve done the work to narrow down the best choices. Want more options? Check the crypto marketplace.
In this article, you’ll learn the best crypto platform to trade a variety of cryptocurrencies and what you should look for when choosing a crypto exchange.
Best Crypto Exchanges
The following list of crypto trading platforms to buy/sell popular cryptocurrencies and store your crypto asset.
| Crypto Exchanges | Features | Best for |
| Crypto education – Low fees, earn reards | New investors | |
| Simple user interface – $0 commissions | User interface | |
| Dedicated crypto exchange – Low fees, earn interest | Rewards | |
| Manage, borrow, and earn returns | Interest earning | |
| Set recurring buys – Low cost trading | Coin variety |
Coinbase: Best for New Investors
- Very simple user interface
- Strong security and transparent pricing
- More features in terms of charts and indicators
Number of Currencies: 60
Transaction Fees: $0.99 to $2.99 (Coinbase), Up to 0.50% (Coinbase Pro)
Wallet Included: Yes
Read the Coinbase review.
New Account Promo: Get $5 in Bitcoin after signup.
Voyager: Best user interface
Voyager offers a simple interface through a mobile app to trade cryptocurrency on a commission-free basis. They have solid customer service support and pay competitive interest rates on crypto assets.
- Simple app-based features
- Supports Bitcoin, top DeFi coins, stablecoins, and a wide variety of altcoins.
- Connect to top exchanges to find you the best price for your trades
Number of Currencies: 60
Transaction Fees: Commission-free
Wallet Included: Custodial wallet
Read the Voyager review.
New Account Promo: Download the app and trade $100 to get $25 of free Bitcoin. Use Code: 4B63F075F
Crypto.com: Best for rewards
- Robust platform including real-time market data
- Ability to earn higher interest on crypto holdings
- Prepaid Visa card that functions like a rewards debit card
Number of Currencies: 100+
Transaction Fees: Tiered fee structure starting at 0.40%
Wallet Included: Yes
Read the Crypto.com review.
BlockFI: Best for interest earning
- Trade crypto assets at competitive prices and store them.
- No hidden fees and no minimum balances
- Earn more from your crypto
Number of Currencies: 60
Transaction Fees: Varies
Wallet Included: Yes
Read the BlockFi review.
New Account Promo: Download the app and trade $100 to get $10 in Bitcoin. Use Code: b9e6f206
Binance.US: Best for coin variety
Binance is a dominant global exchange and makes up a significant part of crypto trading volumes. The platforms offer a wide range of altcoins and fiat-crypto trading pairs.
- Lower fees
- Variety of cryptocurrencies and trading pairs
- Advanced charting and educational resources
Number of currencies: 100s
Transaction Fees: 0.012% to 0.1%
Wallet Included: No, but recommends Trust Wallet.
Read the Binance review.
How to Choose the Best Crypto Exchange
Consider the following to choose:
- Look for a reputable company with a good reputation.
- Check out the reviews on sites like Trustpilot.
- Make sure you can deposit and withdraw money easily.
- Consider using an exchange that is based in your country.
Since exchanges have their pros and cons, you need to determine what type of cryptocurrency broker meets your needs. Some are suited for beginners and others for advanced traders. And depending on the platform, you may be able to use a debit card, credit cards, wire transfers, or other payment methods to buy your crypto investments.
What are Crypto Exchanges?
Cryptocurrency exchanges are platforms where you can buy and sell digital currency or convert fiat currency into digital currency. For example, using US dollars to buy Bitcoin.
There are many different types of centralized exchanges out there. Some are better than others.
What are Crypto Wallets?
A cryptocurrency wallet is an application that stores your digital currency on your device. You can use cold storage or hot wallets for storing Bitcoin, Ethereum, Litecoin, Dogecoin, etc.
What’s the difference between centralized and decentralized crypto exchanges?
Cryptocurrency exchanges can be categorized into centralized or decentralized exchanges. With centralized exchanges, the platform is owned and operated by private companies. In contrast, a decentralized exchange is run by different users and uses various servers across the globe.
Where can I buy DOGE and SHIB?
Many of these exchanges allow you to buy and sell meme coins. Read our list of best exchanges to buy Shiba Inu coins.
