Are you looking for the best Italian Crypto Exchanges ? Here is a tutorial of the best cryptocurrency exchanges that are safe, reliable and with less fees.
In recent years, the world of cryptocurrencies has been having great success, although there are continuous ups and downs, it is interesting to analyze which are the most important exchanges to get the most out of them in the long run. Although we are often led to think that exchanging cryptocurrencies is extremely simple, in practice being able to identify the best crypto exchange can make the difference in obtaining optimal results.
But what does this term mean and how to choose the best exchange for your needs? In the following lines we will analyze these aspects, focusing on the most used crypto exchanges .
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Index
- What are Cryptocurrency Exchanges
- How to Choose the Best Crypto Exchange
- What are the best Crypto Exchanges
- Coinbase
- Kraken
- Crypto.com
- Gemini
- Binance
- Young Platform
What are Cryptocurrency Exchanges
Before analyzing which are the best crypto exchanges, it is advisable to understand what this term means. When we refer to an exchange, we identify that cryptocurrency trading platform where you can buy and sell cryptocurrencies .
As you know, a cryptocurrency is a digital asset that can be associated with different online marketplaces. When you buy a cryptocurrency you may need to sell it or buy more. A crypto exchange is nothing more than the tool that allows you to do it quickly and without too many frills. Unfortunately, not all exchanges are identical to each other, some have different commissions and functions , as well as a different number of exchangeable cryptocurrencies .
How to Choose the Best Crypto Exchange
All cryptocurrency platforms allow you to buy Bitcoin , but how to choose the ideal one for your needs? The characteristics, although different, can still be identified in periodic elements, let’s see the main ones.
Ease of use : when choosing a crypto exchange you must aim for a platform that is simple to manage and use . Some services are certainly more complex and advanced, not exactly ideal if you are entering this sector for the first time.
Commission costs : it is essential to identify an exchange capable of carrying out the sale and purchase of cryptocurrencies with a reduced expense .
Payment methods : subscribing to an excellent exchange service, but not suitable for your payment methods, will only hinder you. Evaluate the credit and payment methods that are most suitable for you.
Immediate deposits : in some cases the exchange takes a few hours to deposit crypto , choosing a fast one will help you never miss the right trend.
Types of cryptocurrencies available : one of the features to look out for is the number of cryptocurrencies available on the platform . Although Bitcoin or Ethereum are the cryptocurrencies present on almost all exchanges, if you are looking for something more innovative you should rely on a specific platform.
Registration : Some crypto exchange services do not require a registration , while others lock you into such a function.
Reputation : it must be emphasized that some exchange services are much more famous than others, with an excellent reputation that hardly shows any weaknesses.
Security : a crypto exchange equipped with two-factor authentication is much more secure than a platform that offers you simple login authentication. Your cryptocurrencies are important and should be kept safe.
Liquidity : an exchange with very high liquidity is certainly more reliable than a platform with low or non-existent parameters to find.
Assistance service : you may have doubts about the functioning of an exchange, relying on a system with quality assistance will allow you to minimize problems.
What are the best Crypto Exchanges
After an objective evaluation of the parameters to check when choosing a crypto exchange , the time has come to take a look at the best ones you can count on.
- Coinbase
Coinbase is certainly among the most famous platforms in the crypto field , where you can buy and sell Bitcoin and many other cryptocurrencies. Among the strengths you will find excellent security , a vast choice of digital exchanges and 24-hour assistance . You will benefit from a minimum deposit of 0.01 euros and very low commissions .
Specifically, the commissions are linked to the amount of the transactions:
- For those less than 10 euros the commission is 0.99 euros.
- Between 10 euros and 25 euros the commission is 1.49 euros.
- Between 25 euros and 50 euros the fee is 1.99 euros.
- Between 50 euros and 78 euros the commission is 2.99 euros.
Fortunately, opening an account is free . It can be used both via a web browser and using the app for Android and iPhone devices .
- Kraken
While the name of this crypto exchange may not tell you anything, Kraken was among the first to make its way onto the web. Among the strengths you will find the continuous updating of cryptocurrencies and particularly valid trading tools .
Usually the commissions vary from 0% to 0.26% of the cost of the order you are placing , but these parameters vary mainly due to the trading volume in the last 30 days and the currency pair being traded. It is certainly not the most intuitive platform, but it is equipped with many cryptocurrencies often not present on other platforms to buy, sell and exchange: Bitcoin , Tezos , Zcash , Cardano , Ripple , Litecoin , Tether , Bitcoin Cash , Ethereum , Dashand many more. It is also available as an app for Android and iPhone devices .
- Crypto.com
It’s hard not to mention Crypto.com when you want a feature-rich platform and an advanced trading system.
Born in 2016, it has created a reputation of great importance, the platform allows you to make purchases by credit card and you can take advantage of both the computer version and Android and iOS . It currently has more than 50 cryptocurrencies and follows more than 200 trends . The possibility of having a debit card with the VISA circuit to pay for the most common services with cryptocurrencies is interesting .
On this platform commissions usually have a fixed rate of 0.16% , which can however change with certain transactions. A smart and highly reliable solution, especially if you want to use your crypto for daily purchases .
- Gemini
Broadening your horizons, you can instead rely on Gemini , which stands out from the others for a simple and intuitive user interface , as well as for its availability in 50 states, including New York . Especially interesting is the possibility of earning prizes in cryptocurrencies with the Gemini credit card . On the other hand, the commission structure is a bit convoluted, as are the limited customer service options. If you love Cardano ( ADA ) as a cryptocurrency then it is not for you, as it is not in the database.
As far as commissions are concerned, they stand at 0.2% for makers and 0.4% for takers . It is certainly a solution that allows you to better manage your expenses, but there are many limitations in the general calculation . It is also available as an app for Android and iOS .
- Binance
We are sure you have heard of Binance , a crypto exchange that has been present on the international scene for years. Among the strengths of this platform you will find unparalleled IT security and a free account that will not bind you to exorbitant deposits. You will have assistance available 24 hours a day and the possibility of using the interface in Italian . The number of cryptos is also significant (over 350) , as much as an easy -to- manage Wallet .
On the other hand there are certainly important commissions , which amount to around 0.068% for makers and takers which decrease with the trading volume in 30 days , reaching 0.015% on volumes greater than or equal to 100,000,000 BUSD .
While you might get the hang of the interface with a little practice, the platform is still aimed at trading experts . It is also downloadable as an app for Android and iOS .
- Young Platform
Young Platform is a reliable cryptocurrency exchange with a significant number of cryptocurrencies . In addition to being an all-Italian platform, this service offers you a simple and practical interface with which to manage your movements. Unfortunately, it has high commissions and concentrates its movements on certain cryptocurrencies , specifically there are 27 cryptocurrencies .
By making transactions with this service you will have to pay 2.2% + 0.25% if you make transactions from Google Pay and Apple Pay , 0 euros for deposit transfers and 1.99 euros for each withdrawal transfer . The buying and selling spread is 0.22%+0.875% . Although it is an Italian crypto exchange it is particularly expensive in transactions, but in the future they may change their policy.
