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Top 50 Crypto Exchanges to Trade Your Cryptocurrencies in 2020 (Part 1)

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According to data from coinmarketcap.com, there are over 5,137 cryptocurrencies in existence today. They operate in over 20,000 markets, with over 300 registered cryptocurrency exchanges.

With so many platforms available where you can buy and sell digital coins, it's easy to get stuck when choosing the best exchange to begin your cryptocurrency journey.

In this piece, I have tried to compile a list of the top 50 exchanges in 2020 based on actual trading volumes, accessibility in different geographical locations, liquidity, market quality, and team/management behind the platform.

Without much ado, let’s get started.

1. Binance
Launched in July 2017, Binance is a crypto exchange based in Malta. The platform has led the rest due to an excellent team behind the exchange, robust security, and support for many cryptocurrencies, stable coins, and tokens. The exchange is one of the few that never inflate its trading volume and is very open when it comes to its operations. The platform is active in 592 markets with a trading volume of $821 million over the past 24 hours.


On September 2019, the exchange launched futures trading. Binance features a lending program dubbed “Binance Lending Products,” which allows users to lock certain assets for a given period, and they can receive interest on the locked assets.




2. Coinbase
Coinbase is one of the oldest crypto exchanges, having launched operations in May 2014. However, over the years, the platform has built a solid reputation within the crypto market, which has been aided by a strong team, excellent security, and excellent services. The exchange is active in 54 markets with a trading volume of $141 million over the past 24 hours.


Coinbase operates under two different brands; Coinbase and GDAX. Coinbase focuses on retail consumers that want to buy BTC using fiat currencies, whereas GDAX is its more advanced trading platform.



3. Coinsbit
Coinsbit is one of the world’s largest crypto exchanges. Launched in August 2018 they achieved, through their multi-level referral program, second place in terms of number of visits and third place in terms of registrations (1.3 million). The exchange`s throughput is 10k transactions per second, users are supported in 12 languages 24/7. Their service has been integrated with 200k POS-terminals in Korea, Vietnam, China, and India. 95% of user funds are stored in cold wallets.


On December 4th, 2019, the exchange reported that it had successfully passed an independent examination made by European specialized agency, as a result of which Coinsbit was assigned a high level of security.


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