by Hodler Ash 
Today we have curated an exclusive list of the best cryptocurrency exchanges for our readers and I hope the information provided here will be of use to many. Most beginner investors stay confused about which exchange to choose while starting their cryptocurrency investing journey.so, we decided to come up with an exclusive list that will include the best cryptocurrency exchanges according to our expertise and experience.
This list will not only help beginners to choose a well-reputed exchange but will also contain wallet recommendations to keep your crypto safe.
The list will be divided into sections of 10 including some information regarding the crypto space while covering some of the basic queries that beginners have before invested.
Before starting the list, I would like to make one thing clear that the article is solely an opinion-based article and is not meant to be treated or taken as any kind of investment advice. This list is just our observation with a good intention to help out the beginners.
It is always advisable to take a finance and cryptocurrency expert’s advice before starting or before taking any kind of significant monetary decision and any kind of investment decision.
Let us first get to understand What a cryptocurrency exchange exactly is?
A cryptocurrency exchange is a virtual place or exchange where one can trade, invest and secure their various cryptocurrency holdings for other cryptocurrencies or fiat currency. Some of the bigger exchanges also provide a safe way to convert or trade-in the particular country’s local currency which makes the process super convenient.
One can easily trade all the different cryptocurrencies and also use different de-fi products in order to increase the value or to simply earn cryptocurrencies without mining or trading them.
Let us now jump to the list :
1- Binance
2- Coinbase
3- Coinmama
4- Gemini
5- Coinsmart
6- PrimeXBT
7- Kraken
8- Changelly
9- Cex.io
10- Poloniex
Some of the exchanges present in the list provide some very underrated features like crypto savings account etc. which will change your perception towards the whole cryptocurrency space.
Let us take some frequently asked questions :
What is a Fiat currency?
A fiat currency is a mainstream currency that we are using in the present to buy different things and cryptocurrency. For example dollar, rupee, etc.
What is a cryptocurrency wallet?
A cryptocurrency wallet is a virtual or physical address that contains all or some of your cryptocurrency holdings. The virtual wallets are known as the hot wallets and the physical wallets that are the most secure in the ideal scenario are also known as the cold wallets.
What is De-Fi?
De-fi stands for decentralized finance hence the name De-Fi, any financial product built around the cryptocurrency space is known as defi for example a futures contract, a savings account by the use of staking your cryptocurrency, a crypto-insurance etc. although De-Fi is at a very infant stage to discuss and is everchanging, this will give you a general idea.
Moving on to the next 10 from the best cryptocurrency exchanges list :
11- Paybis
12- Clubswan
13- Overbit
14- Switchere
15- Kucoin
16- Bithash
17- Coinut
18- Coinfalcon
19- Paymium
20- Cointree
I am hoping the article is useful till now, let us now move on to the next line of frequently asked questions before moving on to the third and last section of the best cryptocurrency exchanges list.
Please remember, I am reminding you again to not trust our word blindly and I recommend you to perform your own research before initiating any kind of investment or trading decision. Although we try our best to keep the information updated and to the point with the best intentions for our readers, we cannot keep the list updated every day so, it is always advised to take our word with a pinch of salt and do your own research too.
What are cryptocurrency derivatives?
Derivatives are financial instruments derived from the original cryptocurrency and are used for hedging and short-term trading purposes with high risk and high reward scenarios. For example cryptocurrency futures contracts and cryptocurrency options contracts. These are high-risk and high reward instruments so, it is recommended to study them and know how they work before jumping in.
What is cryptocurrency mining?
Mining is the term given to minting new transactions and adding blocks to the blockchain with the help of proof of work and proof of stake concepts. Although, mining is not particularly used for the proof of stake concept but to make things easy and to keep definitions simplified we used it here.
What is an airdrop?
An airdrop is the free giveaway of cryptocurrency or tokens before launching of the original cryptocurrency just to spread the word among the community about the initial launch and the purpose it is serving.
Let us now move on to the last part of our exclusive list of best cryptocurrency exchanges :
21- Altrady
22- Coingi
23- Coinzo
24- Coincasso
25- BTCsquare
26- Stormgain
27- Coinsbit
These were our most recommended exchanges list to help you start your investment journey in the cryptocurrency space. I have also included some of the exchanges which also provide a free bitcoin miner and mobile miner which technically doesn’t mine bitcoins but mines USDT of the same value to use it and boost your profile in trading.
Some of the exchanges also provide a bonus on your first-ever trade and some even give you free fractions of bitcoin.
See, there is something for everyone! A win-win situation for all.
Hope you guys found something useful here. Happy investing!
