The popularity of cryptocurrencies has no end. To invest and trade in digital currencies, one will need to opt for crypto services. The platform will provide the tools necessary for buying and selling cryptocurrencies and tokens like Bitcoin, Ethereum, and Dogecoin.
Everyone should consider factors like supported assets, fees, payment methods, and security while choosing a crypto exchange. There are many crypto services to choose from — some with a longer track record than others. Here are the top 3 most popular to explore in 2023:
Coinbase – Crypto service that’s best for beginners
Coinbase is considered one of the best crypto services for beginners. The interface for Coinbase’s basic service is quick and user-friendly. It offers a large number of supported cryptocurrencies like Bitcoin, Ethereum, and Litecoin and 30+ other coins and tokens on the platform. Coinbase is a publicly traded cryptocurrency exchange with a total market value of over $36 billion.
Gemini – Extremely Secure Exchange
Launched in 2014, Gemini is a popular platform to invest in crypto. The reason why traders prefer this platform over others is a strong emphasis on security and compliance. Gemini supports most major cryptocurrencies.
It is a New York trust company that undergoes regular bank exams and is subject to the cyber security regulations required by the New York Department of Financial Services.
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The essential platform charges fixed sums for more modest exchanges and an exceptionally high 1.49% on exchanges above $200. The active trader platform charges marker-taker expenses of 0.4% with reductions as your volume grows.
Kraken – Best for low fees
Kraken is one of the original and most popular crypto services. It has a good selection of cryptocurrencies and tokens to trade and invest in with the lowest fees in the crypto exchange landscape. And overall, it is a good choice for experienced traders, as it offers advanced order types for trading. Make sure you understand all costs and risks involved.
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- Source: https://coingape.com/blog/top-3-most-popular-crypto-services-of-2023-10009/