6 Best Crypto Exchanges for Bitcoin

Crypto.com is the perfect match for users seeking a wide range of features that cater well to all types of traders. It’s easy to navigate and place trades, making it perfect for beginners whilst still offering advanced tools and features for more experienced traders. I found that it’s one of the most versatile platforms, with two separate “Lite” and “Pro” apps that offer beginner-friendly tools for new traders, without removing the advanced trading tools professional traders look for.

• Its wide range of trading instruments makes it suitable for traders of all experience levels. Spot and margin trading are perfect for beginners looking to learn the ropes and perfect their strategies. Futures and options trading is tailored to experienced traders who need advanced tools and features to trade complex strategies.
• Broad fiat support with a variety of payment methods makes it quick and easy to fund your account and start trading. Dollars, Euros, and Pounds can all be easily deposited using bank transfer or PayPal. 
• Strict regulatory compliance and security make it a safe choice for all users. It’s registered with leading regulators in the US and Europe while also offering strong security features and comprehensive insurance coverage for total peace of mind.

Binance is a perfect match for high-volume spot traders. Daily trading volumes in the tens of billions make it the largest exchange in the world, trusted by over 300 million users worldwide. 

• With the highest trading volume in the industry, Binance is the best place to spot trade Bitcoin. Its deep liquidity means you will always have reliable order execution with tight spreads, regardless of whether you are a whale trading massive volumes or the market is experiencing extra volatility.
• Competitive spot trading fees that start at just 0.01% for both maker and taker orders mean that fees will never eat into your profits. If you’re spot margin trading, I also found Binance to have some of the lowest daily interest rates, making it perfect for holding onto leverage positions.
• A dedicated Lite Mode turns Binance’s usually complex interface into one that’s perfect for beginners, without overwhelming candlestick charts and complex order forms. This simplifies the process of making trades into one that even complete novices will find easy to use. 

I  consider MEXC to be a perfect match for futures trading, thanks to its zero maker fees and 500x leverage. Its advanced trading tools make it suitable for professional traders without compromising on security features or transparency.

• MEXC’s 500x leverage is the highest available on any top-tier exchange. Having up to 500x available lets you trade various strategies, including high-leverage scalping that might not be possible on other platforms.
• Zero maker fees make MEXC the most cost-effective exchange in terms of trading fees. Taker fees are almost as low, starting at just 0.02%. With fees almost non-existent, MEXC lets you keep almost all of your profits, with equally low funding fees on Bitcoin futures.
• Cold storage and over $2.5bn in reserves ensure MEXC holds user funds securely. They’ve also partnered with Hacken and Certik to offer full transparency on reserves and security practices for users’ peace of mind.

Handling about 90% of all crypto options trading, Deribit, for me, is the clear market leader when it comes to Bitcoin options. Run by Coinbase, it offers the best options trading experience with support for advanced strategies, along with Coinbase’s reputation for transparency and reliability.

• Unmatched depth and liquidity mean order books are deep across a range of expiration dates. This means your orders will be filled more reliably, even when running complex multi-leg strategies that rely on a platform with high trading volume.
• Automatic settlement means Deribit will automatically settle profitable contracts on expiry, reducing the legwork needed when trading options. 
• Built for professional traders, Deribit offers real-time Greeks and implied volatility charts to help you make informed decisions when trading Bitcoin options.

If you want to buy Bitcoin quickly and easily, look no further than Paybis. It was specifically designed to simplify the process of buying Bitcoin in seconds, making it a perfect match for beginners who don’t want to deal with the complexities of bank transfers or the risks of P2P trading.

• With over 50 supported fiat currencies across a wide range of payment methods, Paybis is one of the most accessible platforms worldwide. From US dollars to Philippine Pesos, Paybis supports it all with payment methods like bank card, bank transfer, and even PayPal.
• Broad fiat support makes it quicker and easier to buy crypto in your local currency. I found it cheaper to buy crypto with Paybis, which supports over 50 currencies, compared to the costly fiat conversion fees to buy crypto using USD on other exchanges.
• No KYC on purchases up to $1,000 lets you buy Bitcoin without handing over your personal information, making Paybis perfect if you value privacy and anonymity.

HODLing crypto on an exchange can be risky. However, Kraken is a perfect match for security-conscious traders. As one of the most heavily regulated platforms, it adheres to some of the strictest financial regulations to keep your coins secure.

• Guarded cold storage ensures your Bitcoin is safe in one of Kraken’s airtight cold storage. Your coins are stored in wallets that aren’t connected to the internet, keeping them out of reach for hackers.
• Almost 15 years without a single hack makes Kraken one of the few exchanges with a flawless security record. Not a single dollar has been stolen from users since the platform launched back in 2011.
• Licensing from the United States, United Kingdom, and European Union ensures Kraken operates to the highest standards to protect your coins and personal information.