The best platforms for trading cryptocurrencies:
Cryptocurrencies have become a major part of the financial world in a short period of time, and their number in the world has increased to about 19,500 currently, and research reports indicate that more than 300 million people deal with them.
Allied Market Research expects the value of the cryptocurrency market to triple by 2030, to nearly $5 billion.
1- gemini:
Forbes magazine ranked Gemini as the best cryptocurrency exchange for beginners for December 2023, with a rating of 4.9 on a 5-point scale.
The platform is characterized by a simple and easy-to-use interface, offers strong security protection for investors, and also offers a wide range of educational materials in its "Cryptopedia" library, where users can read a full range of topics and reports related to cryptocurrencies, starting from trading strategies for these currencies, to... Understand the latest developments in decentralized finance operations and methods used by digital currencies, while providing crucial tips for new investors.
The company was founded in 2014 in the United States, and in 2018 it began using the Nasdaq Stock Exchange’s “Smarts” technology to monitor transactions and combat fraudulent activity and price manipulation. In 2020, the company also announced the conclusion of a partnership with Samsung to connect their “Samsung Blockchain” wallets. Gemini accounts to view balances and transfer cryptocurrencies.
2- Get IO:
Gate.io is a globally recognized platform for exchanging digital currencies. It trades more than 1,400 different digital currencies. It was founded in 2013 and is classified among the 10 largest global platforms for trading digital currencies in the world, according to Reuters.
In 2019, the company launched a special security fund called “Gate SeaView” that acts as a safety net for users’ assets to provide protection for their money and investments. Among its other features is that it contains an education platform for beginners in the field of cryptocurrency investment.
As part of its efforts to expand its presence in the Middle East, the company obtained a license from the Dubai Multi Commodities Center to conduct proprietary trading in crypto commodities in the UAE, and also launched the “Turkey Portal” to meet the needs of cryptocurrency traders in Turkey.
3- Kraken:
The Kraken platform was founded in 2011 and is headquartered in the United States. Kraken offers a range of digital currencies with low trading fees, and is well suited for beginners, as it received a rating of 4.5 points on a 5-point scale according to Forbes magazine.
It works to facilitate the buying and selling process using its specialized platform, where users can benefit from low fees that range between 0.16% and 0.26% for trades worth $50,000 or less.
4- Binance:
Binance is the largest cryptocurrency trading platform in the world, and operates its largest exchange in terms of daily trading volume. One of its most prominent features is that it has an interface in the Arabic language, and it also offers a long list of digital currencies other than the most common digital currencies such as Bitcoin. And Ethereum.
Binance was founded in 2017 in the United States, and has become one of the most powerful cryptocurrency trading platforms in the world. It is suitable for people who want to trade or invest in less well-known digital currencies, as it offers more than 50 different cryptocurrencies for trading, and it is a good option for anyone who wants... More advanced charts than most other exchanges; The features and charting capabilities that come with opening an account are really great, and give novice traders an excellent ability to analyze and read the movement of the markets.
5- Coinbase:
The Coinbase platform was founded in 2012, and received a rating of 4.8 points out of a 5-point scale according to the classification of the specialized “NerdWalt” organization. It is one of the largest digital currency trading platforms in the world, as it allows the trading of more than 200 encrypted digital currencies. .
The platform provides protection for traders, and contains a large number of market indicators and charts that new users need to analyze market movement. The platform also offers custodian accounts for novice users to protect them, and provides the best investment advice to them. It also provides a series of video lessons and tests as a way to educate novice users about... How to trade cryptocurrencies.