The cryptocurrency market has witnessed a unique, yet a remarkable growth globally, drawing individuals and institutions to embrace digital assets. As the interest for Crypto Currency trading continue to rise, choosing a profound and suitable, most secure platform for trading is essential, with various options available to explore from; which most times it seems difficult to tackle with.
In this article, we"ll review on the top best cryptocurrency trading platforms in the world including Nigeria, discussing and highlighting the key features, pros and cons, achievements/benefits. At the end of analyzing, you will be able to make informed decisions in maximizing your trading potentials covering all you need to know about trading and the best platform to trade whether you are a beginner or an expert[ seasoned trader] including:
- Security measures
- User interface
- Fees and charges
- Payments options
- customer support
Take the best step towards unlocking your potential in trading and discover the best crypto currency trading platforms in the world.
List of the top 6 best crypto currency trading platforms in the world 2024
Here we will intensively list out the best trading platforms in year 2024 globally, uncovering and evaluating them based on the competitive fees, user friendly interface, convenient payment options, compliance, customer support backed up by users reviews and industry recognition.
- Kraken
Kraken is a united states based crypto currency exchange platforms established in 2011 and opened 2013 it is the oldest and most efficient trading platforms for both beginners and experienced traders, best for low fees, best mobile app for crypto currency exchange. Over the years, it won an award for the best worldwide exchange platform in finders cryptocurrency trading platform and the goodnews is that it has never been hacked. It's popularity ace and monumental. it is user-friendly and competitive fees makes it appealing to traders. It's unmatchable and of high standards and rank, it also offers a secure and diverse trading experience.
Why Kraken?
It's features are unmatchable, top notch technology, traders prefer it because of it's perfect performance.
Key Features
- It has a user-friendly interface with over 200+ supported cryptocurrencies, 95% cold storage security measures that is most advanced, a cumbersome competitive fees that is unmatchable since 2013 and at most futures contracts in the history of fin-tech trading.
- Fees and charges: 0.16%-0.26% maker/taker
2. Crypto.com
Key Features
- Competitive fees and strong security
- Fees and charges: 0.075% maker/taker
3. Bybit
Bybit is a derivatives-focused cryptocurrency exchange founded in 2018, offering high liquidity and competitive fees. It is one of the top crypto currency trading platforms with a user-friendly interface.
Key Features
- 100+ supported cryptocurrencies
- Advanced security measures (multi-signature wallets)
- Sleek interface
- Competitive fees
- High liquidity
- Fees and Charges: Maker fee of 0.02% and taker fee of 0.05%
4. Binance
Binance is a leading cryptocurrency exchange platform founded in 2017, offering a vast asset selection and low fees. It's headquarter is situated in Hong Kong with a TU overall score of 9.1 out of 10 and a minimum deposit of 1 USD . It is a trading platform that offers wide range of trading features including staking, spot trading, margin trading, and most of all futures trading to those experienced traders with a secure asset fund to users to protect against hacking it helps traders make the best and most informed investment decision.
Key Features
- 500+ supported cryptocurrencies
- Advanced security measures
- Complex interface
- Low fees and vast asset
- Variety of trading features including margin trading and futures trading
- Fees and Charges: Maker fee of 0.02% and taker fee of 0.05%
5. Gemini
Key Features
- 50+ supported cryptocurrencies
- Robust security measures (regulatory compliance)
- Clean interface
- Competitive fees
- Institutional-grade trading
- Fees and Charges: maker fee of 0.35% and taker fee of 1.49%
6. Coin Base
Coin Base is a popular cryptocurrency exchange founded in 2012, known for its user-friendly interface and extensive educational resources.
Key Features
- 100+ supported cryptocurrencies
- Strong security measures (98% cold storage)
- Beginner-friendly interface
- Extensive educational resources
- Mobile app availability
- Fees and Charges: maker fee of 0.50% and taker fee of 4.00%
Note: the fees varies by method
| Platforms | Pros | cons |
|---|---|---|
| 1. Binance | Large asset selection, low fees and advanced security just like kraken and Bybit | Complex interface and limited educational resources. |
| 2. Crypto.COM | Versatile interface and a comprehensive security | Nill |
| 3. Kraken | Just like Bybiy, it has competitive fees, more advanced security and it has high liquidity. | Limited spot trading options and it could be complex for beginners. |
| 4. Coinbase | It is beginner friendly and has mobile app availability. | Limited advanced trading features. Best for overall experience |
| 5. Bybit | It has diverse asset offerings, competitive fees and it is user friendly | More over it can be complex for beginners and limited educational resources |
| 6. Gemini | Rebuts security, regulatory compliance, clean interface, institutional grade trading | Limited assets offering |