Digital currencies globally are booming. The popularity of crypto is skyrocketing through a combination of political and economic instability, better products, options, and services, greater accessibility, and increased regulations in the space. We've rounded up the top five cryptocurrency exchange platforms interested investors can use to trade, buy and sell numerous digital assets.
Launched in 2011, Kraken lets its customers buy more than 90 different cryptocurrencies, and with 130 available trading pairs, offers users an excellent service. The platform is feature-rich and caters to individual cryptocurrency enthusiasts as well as large trading firms. It has a variety of account types that cover the needs of all kinds of traders and investors.
Regulated by the GFSC, offering high liquidity and excellent API support, eToro is the platform for serious cryptocurrency investors. It markets itself more to the professional, rather than an armchair investor, and also offers eToroX - a tool for corporate and institutional-grade crypto traders. However, eToro users are able to start trading cryptocurrency, stocks, and ETFs for just US$10. Its state-of-the-art trading platform also lets investors mirror select traders with successful track records.
With a name that is as search-engine savvy as its business model, Crypto.com is one of the top global platforms for cryptocurrency exchange. But originally, when the company was launched in 2016 by fintech entrepreneurs Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, it was called Monaco. The re-brand happened in 2018 - and has been part of a strategy that has resulted in Crypto.com becoming a key player in the marketplace.
Launched in 2015 by entrepreneurial brothers Cameron and Tyler Winklevoss, Gemini was born just as the interest in cryptocurrency was beginning to take off. As a privately-owned cryptocurrency exchange, the fintech enables customers to sell, buy, sell, trade, and safely store their cryptocurrencies. Gemini provides services for more than 40 digital currencies.
Launched in 2012 by Brian Armstrong and Fred Erhsam, Coinbase Global, Inc is an American company that operates the world’s best-known cryptocurrency exchange platform. It’s founders launched the fintech with the aim that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. A decade on and Coinbase provides a trusted and easy-to-use platform for accessing the broader crypto-economy. Despite its size and well-established market presence, Coinbase is an entirely remote entity with no bricks-and-mortar headquarters. All its staff employees operate via remotely despite it being the largest cryptocurrency exchange in the United States by trading volume.