Three Best Cryptocurrency Exchange Platforms

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02-27-2018 10:38PM

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Great interest has been shown to the crypto market following the surge in the price of Bitcoin and other altcoins. As a result, some exchanges are charging fees to all users who wish to continue with them. Some of the best exchanges and the fees charged when executing transactions are as follows:

1) OKEx

OKEx has the highest trading volume of Bitcoin and operates on a volume-based maker-taker fee system. Maker fees are paid when you add liquidity to the order book. Taker fees are paid when you remove liquidity from the order book. Below is their maker-taker fee schedule.





﻿﻿Source: okex.com



2) Bitfinex

Bitfinex has made a strong mark on the Crypto world and is widely trusted by traders. They have a maximum of 0.10% maker fee for trades not up to $500,000 and a maker fee of 0.00% for trades greater than or equal to $7 million. The taker fees are a maximum of 0.20% and a minimum of 0.10%. Below is the maker and taker fee schedule for Bitfinex.

﻿Source: bitfinex.com



3) Binance

Binance stands out from the crowd by not charging a deposit fee. The trading fee is 0.10% and, as long as you have enough BNB token in your account, when you trade on Finance you will receive an initial 50% discount. This discount decreases over time as seen in the chart below.





Source: binance.com

Binace's withdrawal fee is determined by the blockchain of the cryptocurrency withdrawn.

OKEx, Bitfinex, and Binance are my top three picks with regard to cryptocurrency exchanges. Not only do they represent the highest trading volume of Bitcoin in the Coinmarketcap, but they also possess sound support and exemplary security measures for account safety.

Disclosure:

I have received no additional compensation other than the Ethereum that Hade Technologies pays to produce Exclusive content