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More crypto exchanges - the best option for us

As we already had a look at some of the crypto exchanges CryptoArbi works with, it is time to pay attention to the other four.Here you can find more about how to get an API Key from each of them, but now let’s have a look at their specifications and benefits.

  1. Bitstamp

Bitstamp was created ten years ago (in 2011) and for sure is a proven crypto exchange. The platform has around 40 currencies available. This may seem as a small array, compared to other exchanges (Binnance for example), but for beginners this is more than enough. 

Bitstamp offers a simplified fee structure and allows purchasing crypto with fiat currency from credit or debit card, as well as from bank account. 

One of the biggest advantages of Bitstamp is the security it offers. It keeps 98% of the digital assets in cold storage, so that all those assets are safe. 

Furthermore, the platform provides 24/7 customer support with a phone line for immediate queries. This is not so often to be found in the crypto world, so it gives you another reason to have a look on Bitstamp.

As we have already mentioned, Bitstamp offers a simple fee structure. It charges one flat fee percentage, no matter if your order is a maker or a taker. It also doesn’t matter if you are trading or instantly buying on the platform. This makes Bitstamp a good option for anyone who is new to the cryptocurrency world. 

Last but not least, Bitstamp offers an opportunity to earn rewards by keeping assets in your account, with a very low minimum staking requirements.

  1. Cex

CEX is another platform for exchanging cryptocurrencies. This global crypto ecosystem offers about 100 assets, margin trading, rewards and so much more. 

CEX was founded in 2013 and is said to be the first exchange allowing fiat-to-crypto transactions through card or bank account. 

CEX is supported worldwide (with some exceptions) and is not only a trading platform but also a prime platform for businesses.

CEX offers low fees and 24/7 customer support. You can also have access to it from a mobile app, available for iOS and Android.

  1. Probit

Probit is another cryptocurrency exchange that offers a range of different digital assets, including the most popular of them. Probit has its own token, currently standing for around $0.30.

Probit stands in the top 30 of crypto exchanges, with the highest volume of exchange in 24 hours.

Probit offers an easy registration, with an email, password and a confirmation email. If you are going to trade using the platform, you will need to go through a verification process which requires including a place of residence, confirmation and ID. Also, the platform is provided in multiple languages to make the process more clear and easier.

Furthermore, Probit doesn’t charge different fees between buyers and manufacturers. It has a flat fee model. It also offers discounts on commercial rates. 

As we know, crypto exchanges keep a lot of valuable personal data, which makes security extremely important. Fortunately, Probit offers cold storage for over 95% of all assets. The exchange used a hardware security key and two-factor authentication, for providing a secure experience. 

  1. Huobi

Huobi is another popular crypto exchange, founded in China in 2013. It is the 3rd largest crypto exchange in the world. Huobi supports more than 300 cryptocurrencies and more than 920 trading pairs. Also, Huobi supports over 50 fiat currencies to fund, such as EUR, USD, GBR etc. Each of them can be deposited with different payment methods, depending on the country the deposit is being placed. 

As we said, Huobi is one of the largest crypto exchanges, serving millions of users around the world. That is why it offers multiple security measures, including cold wallet storage, SMS and email notifications. Actually, Huobi has never been hacked or compromised.

While there are some fees if you need to deposit, exchange or buy assets from Huobi, there is no cost for just creating an account on the platform.

The process of creating an account is easy, with an email and password, and ID for traders. For those who want to remain anonymous, Huobi offers an instant swap platform that doesn’t require KYC.

As you can see, each exchange has its advantages and offers different features for traders. Anyway, you must not forget that the crypto world is dynamic, so before you make your final decision for an investment, make sure you are aware of every risk and opportunity.

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