Daily Bulletin

Business Mentor

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  • Written by Anna Koretskaya

The digital asset market offers numerous websites allowing to conduct transactions with digital assets and gain a profit. Centralized exchanges are the most suitable options for trading. Today, the crypto exchange ranking in terms of low fee looks as follows:

  • * Binance

  • * WhiteBIT

  • * Coinbase 

Let’s take a closer look at each of them.

Binance

It is the most popular and often used cryptocurrency exchange in the world with a daily trade volume of $22,9 billion (May 2022). Users can deposit fiat currencies directly to the exchange. Binance offers over 500 digital assets and a wide range of transaction types. P2p, margin trading, stop-limit order, etc., are available on the platform. Binance has reward centers and carries out giveaways for users who can receive cryptocurrency. There are advanced crypto charts with numerous indicators to track market fluctuations. Binance is highly secure. It offers two-factor authentication and cold storage of users' assets. 

The fees are fixed: 0,1% for spot. 4.5% for buying assets through a debit card.

WhiteBIT

WhiteBIT crypto exchange is a young company, but it has already gained over 2 million users in 150 countries worldwide. It offers a wide selection of trading tools: p2p, margin, spot, swapping, and the opportunity to receive passive income - smart staking. The exchange stores 96% of users' assets on cold wallets and has an Insurance Fund to increase clients’ protection. In addition, users can configure a two-factor authentication to save their accounts from third parties.

This is a low fees crypto exchange: 0,1% for all transactions, regardless of the amount. Users can deposit and withdraw currencies through the AdvCash application and use Visa & Mastercard.

Coinbase

It is another popular crypto platform with a daily trade volume of $3,4 billion. It enables withdrawals to PayPal. Coinbase is beginner-friendly. It works under the U.S. regulator. It enables buying digital assets with fiat currencies and from other wallets. Users can replenish accounts using a bank card or through a bank transfer. 

A credit card purchase implies a 3.99% fee. 0,5% per transaction.

Looking at our crypto exchanges fees comparison, we can say, all of the platforms we have mentioned offer suitable conditions for trading.

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