It seems that cryptocurrency has a bright future as banks and other institutional investors continue to flock to digital currency. This is largely due to their emergence as a preferred medium of payment. Tesla, Inc. customers can buy their cars using bitcoins. Cash App, its mobile payment service, facilitates the users to buy and sell bitcoin from the available Cash App balance. Paypal has recently announced that customers in the U.S. can pay with Bitcoin, Litecoin, and Ethereum.
Let’s see Insider Monkey’s list of the 15 best cryptocurrency trading platforms in 2021. The number of supported coins, security, fee structure, and payment methods are some of the criteria used. Founded in 2011, BitStamp is one of the oldest crypto trading platforms. Though BitStamp offers easy signup, the extensive Know Your Customer (KYC) process makes the exchange a little user-hostile than others. Coinmama is from Israel. It is user-friendly and suitable for beginners. The site has a Coinmama Loyalty Program that gives a reduction in fees depending upon the platform’s usage. Initially, Cex.io only offered cloud mining services, but then it became the online exchange platform. Gemini offers solid security measures through hardware security modules (HSMs), hot and cold storage, and encryption for securing users’ data. It has a user-friendly interface; users’ personal information is not a requisite for making an account. The main aim of Crypto.com exchange was to introduce a crypto credit card for more crypto adoption. Bitmex does not hold any geographical boundaries to where its customers are based but allows the customers to leverage future contracts on the platform. In Huobi Wallet, users have complete control over their assets and offer a fast trading process. One of the most trusted exchanges, OKEx has a native coin, OKB, the holders of which enjoy a particular discount on trading fees. More details on these trading platforms with their payment methods are in the original article The 15 Best Cryptocurrency Trading Platforms in 2021.