What’s a Recent Survey of the Top Crypto Exchanges Say or Is It a Biased Trading Platform List?


Cryptocurrency enthusiasts know for a fact that 2018 was a rough year for digital assets in general, but 2019 has shown a lot more promise with Bitcoin (BTC) passing the $8,000 mark, with evidence of even more growth.

As a result of this promising market value, many crypto investors, as well as would-be investors, are seeking out crypto exchange platforms with the best security, lesser transaction fees, and more protection.

The cryptocurrency market is very volatile, so, the risks and dangers investors face are quite a lot, two recent good examples are QuadrigaCX’ bankruptcy and BitMEX deleveraging issues. These and so many other factors constantly increase the fears of cryptocurrency investors.

Growth And Stability

The growth of any industry must run parallel with the stabilization of the said industry. With the increase in cryptocurrency investors and higher transaction volumes, the digital asset industry infrastructure has not been able to keep up, which as a result reduces the trust and confidence of crypto newbies in the industry.

However, in recent times, new cryptocurrency exchange platforms have been launched that in some way increases the hope of stability in this emerging marketplace. These new platforms are focused on creating a safe trading environment as well as assets security and protection for their clients.

Here are four of such cryptocurrency exchange platforms

Binance Dex

At the top of our list is Binance‘s newly launched “Binance DEX”, a decentralized exchange running on the Binance Chain to enable peer-to-peer crypto transactions.

The Binance DEX will eliminate third-party governance on transactions, which will, in turn, reduce transaction fees but with limited services.

Binance is presently one of the most popular exchanges in the cryptosphere, and the Binance DEX has definitely increased this popularity with more digital assets requesting listing on the platform.

With this Binance expansion, user confidence is surely on the rise.

FT Exchange (FTX)

The FT Exchange, though new, is an exciting addition to the cryptocurrency trading market and it already shows signs of large scale adoption.

FTX is an Alameda Research backed exchange platform with derivatives options. The exchange has created a simple mechanism for inter coin transactions.

Instead of clients being required to have multiple leverage wallets for all traded derivatives, FTX customers only need to have a single digital wallet for the trading of proprietary coins tied to the position of the derivatives.

Because the FTX platform is backed by Alameda Research, which has large transaction volumes of over $1 billion per day, the FTX platform has some of the lowest transaction fees in the crypto market. Because of FTX’s low transaction rates and high transaction speed when compared to other OTC (over the counter) platforms, many top clients have shown interest in the platform.

Etoro Pro

Also a newcomer in the cryptocurrency exchange market, the eToro Pro is an innovative approach to digital assets trading. The platform is focused on the provision of a vast variety of cryptocurrency/fiat trading pairs.

The eToro Pro consists of a variety of stablecoins backed by various currencies including :

  • US dollar
  • Euros
  • Canadian dollars
  • New Zealand dollars
  • Japanese Yen
  • UK pounds sterling
  • Swiss francs

    The eToro Pro currently has only 8 cryptocurrencies listed at the moment but additions are on the way, eToro claims.

    Bitpanda

    Though not yet available to cryptocurrency investors in the US, Bitpanda provides an easy and simple approach for crypto trading with a vast number of transaction pairs, enabling very flexible crypto trades.

    Bitpanda offers a variety of payment options which make transactions easier for the users, it allows its customers to fund their accounts with banks, Skrill, Neteller, and many more accounts via the Bitpanda platform.

    Conclusion

    As the price of Bitcoin (BTC) has been on a steady rise in recent times, so has the cryptocurrency market exchange infrastructure also grown, with exchanges like the aforementioned ones creating unique, simple and easier ways for crypto trading.

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