Secure Crypto Transactions: 4 Best Services
The recorded increase in the price of BTC between 2012 and 2022 is around 540,000%, with more than 300 million people currently being proud Bitcoin owners. In addition to that, there are millions of other crypto enthusiasts who actively trade other digital coins.
All of them use crypto exchanges to swap coins, and each trader wants their exchange to provide fast and secure service.
There are dozens of reputable exchanges, and experts narrow the selection to the following four safest cryptocurrency exchange platforms.
Godex.io is an online crypto exchange service that offers an anonymous, secure, and fast swapping feature and supports more than 300 coins, with the list continuously expanding. What makes Godex stand out from the pack is that it doesn’t require any registration nor collect any personal data, which means it’s fully anonymous. In short, it’s a perfect platform for traders who think of anonymity as the #1 feature of crypto exchanges. Moreover, the platform doesn’t have any upper exchange limits.
Here’s a quick overview of the major benefits of choosing Godex:
- More than 300 coins accepted
- 24/7 customer support
- No registration required
- Simple to use and beginner-friendly
- Wallet integrations increase security
Binance is one of the most popular options for advanced traders. Perhaps, the main benefit of this platform is the low trading fee and the wide selection of cryptos that can be traded globally. At the moment, Binance accepts 65+ cryptocurrencies, although this list might be longer for some countries. Since it’s regarded as a trading platform for professionals, you’ll find plenty of trading options and order types. Unfortunately, Binance also ran into some regulatory issues in the past and is currently banned in some parts of the world, such as the US.
Here are some of the major benefits of the Binance platform:
- Great for experienced traders looking for a variety of trading options
- Low trading fees
- More than 65 cryptocurrencies are accepted in some countries, but that goes up to 365 cryptos in others
- One of the leaders in crypto trading volume
Gemini is a US-oriented platform that currently accepts more than 120 cryptocurrencies. It’s beginner-friendly, offering an intuitive interface that can help beginners get started quickly and make their first trade. The fact that it’s one of the few platforms available almost everywhere in the US comes at a cost, as the trading fees are above-average. Still, the price/quality ratio is great, especially if you’re a US customer. Except for standard trading options, you’ll also find several advanced features suitable for experienced traders.
Here’s an overview of the major benefits of this platform:
- Available in all US states, including New York
- Long-lasting and secure platform
- Has a hot wallet insurance
- Great customer support
Headquartered in Singapore, BitYard has managed to become one of the leading crypto exchanges around the globe, with licenses from several leading authorities. Even though it’s much younger compared to many other popular exchanges, it has already established a huge user base, offering 30+ cryptos and 50+ trading pairs. Traders on BitYard can enjoy a well-optimized trading algorithm, making BitYard one of the fastest platforms in the industry. On top of that, BitYard features a demo account for traders, which can help them test the platform and its options before opening a real account.
Here are the main benefits of joining BitYard:
- Simple and intuitive user interface
- A super-fast trading engine that can handle up to a million transactions per second
- A demo account available for traders
- Licensed by many reputable commissions around the world
Each trader has a unique set of requirements to help them pick the best exchange. In other words, there are no one-size-fits-all exchanges, but it’s no secret that some platforms are overall much better than others. We narrowed down the selection to the four services listed here, where you can exchange LTC for BTC or explore many other crypto trading pairs and come up with a trading strategy. Feel free to examine the platforms and pick the one that meets your needs.