Are cryptocurrency exchanges safe?

In general, cryptocurrency exchanges are not as secure or as closely regulated as other investment platforms. The crypto world has been subject to numerous frauds, scams, and bankruptcies. Most crypto platforms have an F rating from the BBB. But that doesn't guarantee whether the platform will be good for you.

How to choose a crypto exchange?

Look for those with positive crypto exchange reviews and a good security history. Pay attention to the user reviews, and always check the one-star reviews, as they might reveal if a platform is seriously flawed. Create a unique and strong password for your exchange account. Avoid using simple or repeated passwords that you use on other sites.

What is the best crypto exchange?

We chose Kraken as the best crypto exchange for experienced users thanks to its professional-grade trading platform, Kraken Pro. It also offers margins and futures trading, advanced order types, and some of the lowest trading fees in the industry. Established in 2011, Kraken was a pioneer in the industry.