![]() ![]() Many crypto exchanges promise low fees as a way to entice traders to join their platform, but then “catch” you with expensive transfer and withdrawal fees. Why we chose it: We chose Bitstamp as the best crypto exchange for low fees because of its highly competitive maker/taker fees, free bank account transfers and strong cybersecurity. No margin trading or leveraged products.Users who enjoy Coinbase but would like more advanced trading and charting features may want to look at the company’s other exchange platform, Coinbase Pro. Such robust measures are why Coinbase is ultimately worth trying, despite its higher fees. The exchange’s security features are worth mentioning, as well: Coinbase uses two-factor authentication on all versions of its platform, stores 98% of customers’ crypto offline, and has an insurance policy to protect custodial accounts of up to $250,000 (in line with per-depositor FDIC coverage limits). Users are encouraged to use these resources through the Coinbase Earn program, which teaches how to trade specific cryptocurrencies and rewards users with free crypto. At the same time, its interface makes navigating the platform and managing crypto a seamless experience.Ĭoinbase also features a comprehensive and accessible variety of learning materials. The exchange is one of the largest and most well-known in the U.S., and the crypto platform does a great job of lowering the barrier to entry for new investors, with a straightforward onboarding process that eases users into trading. If you’re familiar with crypto, chances are you’ve already heard of Coinbase. Why we chose it: We chose Coinbase as the best crypto exchange for beginners because of its easy-to-use interface, extensive educational material on everything from blockchain to volatility, and robust security features. ![]()
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