How to choose a crypto exchange?

There are lots of fees to take into account when choosing an exchange. Exchanges like Crypto.com, Binance.US and Coinbase are known for having competitive transaction fees. But, it’s also important to consider deposit and withdrawal fees, possible account inactivity fees and spreads. What is the most trustworthy crypto exchange?

What is a crypto exchange?

Crypto exchanges are where most crypto traders buy and sell bitcoin , ether , dogecoin and other types of cryptocurrency. In its rawest and most decentralized form, cryptocurrency is relatively unfriendly to obtain and use. Crypto exchanges make it fairly simple to trade all sorts of crypto tokens and coins.

Why should you trade on a crypto exchange?

An exchange’s level of liquidity — also known as trading volume — affects the ease and speed at which you can complete trades. If there’s a high level of liquidity, then trades should be completed quickly and easily. One of the biggest benefits of trading on larger crypto exchanges is they get enough orders to match buyers and sellers easily.