Since the crypto market exploded in the past years, many people took the opportunity and started exchanging cryptos. This also changes the perspective of the whole concept, since now you can buy and sell cryptos from any place in the world.
There are now a lot of exchange apps and platforms that are really easy to use. Which you can use from your phone or laptop, and they are very intuitive and well-designed.
Let’s review the top-rated crypto exchange apps that you can start using right now. The exchange apps are a digital solution in order to securely store and manage blockchain assets and cryptocurrencies. You can send, receive, and trade cryptocurrencies.
Also, every exchange app must allow users to store private keys associated with a blockchain ledger.
Here are listed several exchange platforms in this article, which should help you pick the best one that suits your needs.
Top-rated crypto exchange platforms
There are really a lot of exchange apps that have been created in the past years. It is really not that easy to pick the right platform that fits your personal style. That is why we made a little review of the top-rated crypto exchange, so you can check the features, fees, and design.
This will give you an excellent overview and help you with your decision. Here is the list:
- Coinbase – a great platform for beginners
- eToro – the exchange with over 500 cryptocurrencies
- AQRU – a leading crypto exchange where you can create a crypto savings account
- Luno – very intuitive and simple to use
- Crypto.com – the best mobile exchange app with a great user-friendly interface
- Binance – best exchange platform with low commissions
- Bybit – an exchange with the best security
- Uphold – over 115 cryptocurrencies to trade
- Bitstamp – the exchange app with the lowest fees
You have to consider various factors when researching crypto exchanges. What are the markets that the app supports, and how many fees will you be charged when trading? You should also not forget security, as is the platform safe to use.
Coinbase – an awesome platform for newbies
This one is our favorite, because of its simplicity, and friendly interface. You can connect your bank account literally in minutes. There are over 500 crypto assets for you to pick from, and another great feature is that you can store NFTs.
When it comes to security, your private key is stored on your device and not on servers. In this case, you are safe if cyberattacks occur on the website. You can optionally use a cloud backup in order to protect your digital keys.
When it comes to fess there are 3.99% for transactions, and when you transfer the money from your bank account you will have a standard commission of 1.49%
Another great feature is that they have an awesome research facility that offers many educational guides, that will help you become a better trader and make the most out of your investments.
eToro – more than 500 cryptocurrencies you can choose
This one is one of the top-rated crypto exchange platforms. You can easily open an account and deposit $10 to start. You can buy and sell over 500 cryptocurrencies from your mobile device.
It is controlled by the FCA (Financial Conduct Authority) which makes the platform really safe for users.
The fee you will pay is 0.5% which is really low in comparison to the other exchanges. It also has a lot of great tools and features that will help you on your crypto trading journey.
You have a feature named Smart Portfolio, which gives you access to a diversified basket of digital assets.
And if you are and want to become a trader, they have an excellent Copy Trading tool. You can search for a trader on the platform and copy his trading, which means that when he buys certain assets, you will too.
You can also trade forex, commodities, stocks, and more. All in all, this is one of the top-rated crypt exchanges that you will find.
AQRU – create a crypto savings account
This is an excellent exchange for you in case you want to generate a yield on your crypto holdings. The platform in that case supports only five cryptocurrencies, which you can purchase using AQRU’s payments gateway.
The 5 cryptos you can buy are BTC, ETH, USDT, and DAI. As soon as you buy them, it instantly begins generating interest in the crypto you hold, which is really awesome.
When it comes to stablecoins, you can earn up to 12% interest per year on your investment. Regarding BTC and ETH, you will receive 7% per year, which is already more than you will receive if you hold up your money in a bank for a year.
You should also know that the interest is paid daily, and you won’t have to hold it for a year. You can quit at any time, which is very convenient. It also has a referral bonus scheme, in case your friend signs using your link, you will receive 75 USDT.
Luno – easy setup and use
This one is really easy to set up and use, and you will literally need minutes to do that on your phone or computer. It offers only 6 cryptocurrencies for now and has a couple of cool features such as secure storage and low fees.
You can also earn interest if you hold crypto, which is a great way for some passive income. That feature is available for Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC).
Crypto.com – great user-friendly interface
This is one of the top 5 exchange apps/platforms with over 10 million users. It has an amazingly intuitive user interface where you can buy and sell cryptocurrencies with a 0.4% maker/taker fee. That also can be reduced if you opt to pay fees in CRO.
It will also allow you to stake their coin CRO with a 34.6% annual percentage yield, which is excellent. You can also receive interest if you hold other stablecoins, such as USDT (up to 14.5% APY) or USDC (up to 10% APY).
In order to purchase certain crypto, you can use your credit or debit card. You will have no fees in the first 30 days when purchasing crypto, but after that, you will have a fee of 2.99%.
Binance – best exchange platform with low commissions
With over 100 million users globally, Binance is one of the most used exchanges. As soon as you fund your account, you can trade more than 1000 digital assets with a commission of just 0.10%.
It will provide you with a lot of advanced trading tools and chart features. You can set up pricing alerts via the app, so you can tap on the notification and get right into the certain crypto and make a trade.
You will also have an option to open a savings account to earn interest on certain coins.
Bybit – an exchange with the best security
This exchange will offer you maximum protection and security for your coins. It has an incredible feature that stores your coins offline, which is the best way in order to avoid scammers.
You will receive a 3% APY on USDT in case you want to earn some passive income, and you will receive other great offers and deals, that will suit your investment style. Regarding fees, takers are charged 0.075% per order when trading contracts.
On the other side, the makers have a fee of -0.025%.
Uphold – over 115 cryptocurrencies to trade
There are a lot of coins for you to choose from for your trading. It will not charge you a commission for your crypto trades, but it will charge a variable spread.
That spread varies and depends on the market conditions, and it is between 0.8% and 1.2% for popular cryptocurrencies. You can always see the spread for your crypto when you preview an order. That way, you can choose whether to accept it or cancel it.
Bitstamp – the exchange app with the lowest fees
If you are looking for an exchange app with low fees, then Bitstamp is the right thing for you. It has been established back in 2011, and is among the longest-.running platforms.
You can buy crypto instantly with your debit or credit card, but be aware that for that purchase a fee is 5%.
When it comes to fees in trading, Bitstamp charges a flat fee of 0.5% which is really low. In terms of security, they hold over 98% of the customers holding offline, and those assets are protected through the BitGo insurance.
As we mentioned in the beginning, there are a lot of crypto exchange apps that you can use nowadays. We have reviewed the top-rated crypto exchange so you can have a better overview, which will help you with your decision.
Everything is coming to your personal preference, regarding design, features, and usability. As soon as you choose the right platform, you can start your crypto journey.