Many people still believe that cryptocurrencies are only for elite entrepreneurs who manage millions of dollars. However, this opinion is erroneous because anyone can make money trading crypto. Age, gender or profession do not matter. The largest cryptocurrency services offer the opportunity to earn good money without the need for a large initial investment. Here are some popular big crypto exchanges of September 2022 we will discuss in this article:
- Binance
- WhiteBIT
- ByBit.
Binance
Binance crypto exchange was founded in 2017 and has quickly established itself at the top crypto ranking. Binance’s daily trading volume is over $17,9 billion (September 2022), the biggest in the market. The exchange supports more than 500 cryptos. Binance fits experienced users who require advanced trading tools. So it may be somewhat difficult for a novice user to handle it. Binance fees vary depending on the function and product you use. If you want to use your bank card, you pay a 4,5% fee.
WhiteBIT
It is a cryptocurrency exchange platform registered in 2017 and operating under European jurisdiction. The platform offers ver 400 crypto pairs. Users can acquire digital currencies with real money via bank cards. The platform charges average fees of 0,10%. The exchange’s trade volume is $1,2 billion. In September 2022, WhiteBIT launched its native crypto – the WBT token, delivering discounts for transaction fees and access to additional products on the crypto exchange for its holders.
ByBit
This cryptocurrency exchange operates in a transparent and fair environment and offers its customers a wide range of cryptocurrencies. ByBit offers perpetual contracts and futures trading, which are the main features of this exchange.
Advanced traders use this platform for complex derivatives contracts. The daily trade volume is ,2 billion.
If you are a beginner trader, we recommend starting with WhiteBIT, for it offers an easy-to-handle interface a novice trader would appreciate and a demo trading account, where you can practice using all the crypto exchange’s tools and trading strategies.