Chinese cryptocurrency
Dogecoin’s surge began in the first half of the year, reaching its all-time high of $0.74 (with much help from the Twitter account of self-proclaimed DogeFather, Elon Musk). https://paris-disney-shuttle.com/ Year to date, the token is still up nearly 3,000%.
Dogecoin was famously started as a joke in 2013 but rapidly evolved into a prominent cryptocurrency thanks to a dedicated community and creative memes. Unlike many other cryptos, there is no limit on the number of Dogecoins that can be created, which leaves the currency susceptible to devaluation as supply increases.
Somewhat later to the crypto scene, Cardano (ADA) is notable for its early embrace of proof-of-stake validation. This method expedites transaction time and decreases energy usage and environmental impact by removing the competitive, problem-solving aspect of transaction verification in platforms like bitcoin. Cardano also works like Ethereum to enable smart contracts and decentralized applications, which ADA, its native coin, powers.
Cryptocurrency exchange
Incredibly low fees are just another main advantage of this crypto platform. It charges a 0.1% flat fee for any kind of transaction that you make, and if you hold the native token BNB, you will benefit from a 50% discount. It is a very reliable platform when it comes to safety and security, with its own money vault known as Secure Asset Fund for Users (SAFU) where money from trading fees is pooled.
The industry leader in volume and golden standard for coin availability. They have some of the lowest per-trade fees in the industry, but some of the other fees on Binance, like withdrawal fees, can be a little sketchy and prone to silently being changed or raised for no reason. Additionally, while Binance has been largely stable for a long time, it has been hacked before, and sometimes finds themselves in questionable legal places.
Their per-trade fees are quite good, though they do charge withdrawal fees unlike some other exchanges in this list, and because they are relatively new it’s impossible to give them a truly solid score on reputation and security, as they haven’t been around long enough yet to really be battle tested.
I was originally going to include these in the list, but the volume on even Uniswap was surprisingly low enough to not make the cut. The general structure for these is all the same, however. Connect your wallet to the app, and trade from there. You’ll have to pay network fees ontop of exchange fees though, which messes with the cost valuation a bit, and generally makes all of them significantly worse fees than the centralized exchanges.
Offering a fast-trading platform that just works well, NDAX is a platform that stands out for serious traders in particular. Using this platform, you can trade a range of cryptocurrencies including Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Cardano, Ripple, Stellar and Dogecoin. The fact that it takes the needs and feedback of traders into account is one of the main selling points for this platform, and one of the main reasons why it’s a top choice with many traders in Canada.
Coinberry is another excellent Canadian crypto exchange that offers a wide range of awesome services and features. The platform supports a range of cryptocurrencies including Bitcoin, Litecoin, Ethereum, Stellar, Bitcoin Cash and Ripple, and you can buy the crypto of your choice using credit cards, wire transfers, and Interac eTransfers. One of the best things about this platform is that it charges no fees on deposits and withdrawals. The only fee that you will need to pay is the 0.5% fee for trading, which makes it an affordable marketplace for both new and experienced Canadian crypto traders.
Cryptocurrency trading platform
Choosing the right crypto exchange that meets your needs as an investor is an essential aspect of investing in cryptocurrencies. Whether you require easy liquidity, low trading fees, a wide variety of tradable assets, or a user-friendly mobile trading experience, you can find an exchange that fits the bill.
If you are looking for an excellent mobile crypto trading experience, Crypto.com is arguably the best option thanks to its range of products and features, as well as its large number of supported assets.
Alex is a banker-turned-bitcoiner who ditched the bond trading desk for working remotely from all corners of the world, creating engaging and educational content for Bitcoin startups and crypto media publications. After working as a Corporate Bond Trader at Royal Bank of Scotland and a Fixed Income Salesperson at Australia & New Zealand Bank, Alex has been able to bring his deep knowledge of the capital markets into the brave new world of crypto finance.
The platform is headquartered in Seychelles, with a growing number of users in Asia, Europe, the Middle East and Africa. While U.S. users can access and use the trading platform, KuCoin is not licensed in the U.S.
Launched in 2013 by Block, Inc. (formerly Square, Inc.), and headquartered in San Francisco, Cash App allows individuals in the United States and the United Kingdom to send, spend, bank, and invest. It’s essentially a mobile banking app geared towards peer-to-peer payments, but it also has an investment component. Users can invest in stocks, ETFs, and Bitcoin through Cash App. Unlike its peers, such as Robinhood and Venmo, Cash App also lets users withdraw their Bitcoin to third-party wallets, which makes it stand out from its competition.
