Crypto exchange platforms.
I've been studying the exchange platforms available for crypto trading and I saw a list of ten top crypto trading platforms from Cryptodetail.
I'll list below in order of rating.
1. Coinbase
2. Binance
3. CEX.IO
4. Localbitcoins
5. Bitfinex
6.Bittrex
7. Kraken
8. Coinmama
9. Changelly
10. Prime XBT
In that ranking order we can see that Coinbase is the top and probably the best trading platforms. I found out that coinbase doesn't only offer trading services it also license other businesses to use its API for crypto payment related transaction.
I want us to discuss on the following areas.
1. From your experience which of the trading platform has great features and epic user experience (UX) that new traders should learn to use.
2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform?
I guess coinbase is listed on top because of the fact that it pays huge sums of money in referrals and also in social media marketing, which directly speaks for its position at the top.
I personally prefer my local bitcoin exchange which is based in my country for purchasing bitcoins as they are quick in deposits and withdrawals of fiat currency and then I deposit those bitcoins to my Binance account which is the best exchange for buying altcoins or for trading(to be honest) as it have a large trading volume or you can say the biggest trading volume amongst all other exchanges.