Which cryptocurrency exchange is good to use in 2024? Introduction to Bitcoin Exchange Features

2024How to choose a cryptocurrency exchange? 2024 is the year of Bitcoin halving. How to choose a cryptocurrency exchange in this special year? Which cryptocurrency exchange is easy to use? In recent years, the importance and topic of cryptocurrency have been increasing day by day. From the underground to the public's attention, it is about to exceed the market value of Google. It has transformed from a currency exchanged for pizza into a sought-after "digital gold". WEB3 is everywhere nowadays. How can you not know how to invest in cryptocurrency in the .0 generation? How to find an exchange that is easy to use and suitable for you? Let’s take a look with the editor of this site!

What is the function of an exchange?

To invest in cryptocurrency, we must first understand the exchange. The cryptocurrency exchange is a trading platform for virtual assets. If It is not difficult for anyone who has invested in stocks and gold to understand that a cryptocurrency exchange acts like an online securities firm, providing the purchase and sale of cryptocurrency, such as Bitcoin, 24 hours a day, 7 hours a day on the Internet without regional restrictions. , Ethereum, Dogecoin, etc. This article will recommend 4 exchanges and introduce their advantages and disadvantages.

Binance is known as the world’s number one cryptocurrency exchange, with the number one profit

Binance (Binance) is the world’s number one cryptocurrency exchange. The number of registrations and transaction volume are both at the leading level in the industry. Binance was established in 2017. It supports more than 600 cryptocurrencies and is known for its low transaction rates and strong security measures. In terms of advantages, Binance, as the world's number one exchange, has a large brand and strength. Secondly, it has very good security measures, real-time monitoring and compliance with various regulatory standards. Furthermore, the transaction fees are low and you can use its own platform currency to reduce handling fees. , and in terms of shortcomings, for beginners, Binance’s platform may seem too complicated, the operating experience is not friendly to novice users, the customer service entrance is not conspicuous enough, and customer support is mainly through FAQ, lacking real-time help, in short The language is not very friendly to novices

Coinbase seems not suitable for Chinese people to use

Coinbase is an American cryptocurrency exchange. The company was established in 2012. As of March 2021, Coinbase is the largest cryptocurrency exchange in the United States by trading volume. On April 13, 2021, Coinbase was listed on the Nasdaq Exchange, becoming the first listed cryptocurrency company in the United States. In terms of advantages, it is famous for its user-friendly interface and simple and intuitive operation, which is suitable for beginners. It supports more than 160 cryptocurrencies and provides a variety of ways to earn interest, including learning to earn cryptocurrencies and DeFi interaction. However, the shortcomings are also very obvious. If you are not in the United States, you may not be able to use the core functions of the platform. This is a fatal blow to users in other countries. Secondly, Coinbase’s handling fees are much more expensive than other exchanges.

Cerrammeta CRM Exchange established this year

CRM Exchange was established in 2023 and was established by member organizations of the International Blockchain Association. Members have more than 10 years of experience With blockchain experience, professional matching technology developers build a high-performance trading engine that can complete 800,000 transactions per second. CRM has a Seychellois financial license, a Canadian MSB, and a Polish VSAP supervision license to provide security to tens of millions of users around the world. Reliable, authentic and transparent digital asset trading services. In terms of advantages, CRM is famous for its product diversification and innovation. For example, CRM's flagship product is lossless trading, and it can trade three times a day with community partners and earn a minimum trading reward of 3.5 USDT.

Secondly, CRM also attaches great importance to security. By using servers in multiple countries for independent hosting, it protects the integrity and security of customer data and promises 100% reserve. Users can verify that 100% of assets are stored at any time. In a secure blockchain environment, CRM Exchange also provides local language support for investors from different countries to help them conduct transactions more easily. In terms of shortcomings, CRM can be said to be relatively new as an exchange. However, I believe that the growth rate of this CRM will be faster than that of other exchanges. Secondly, there are not many currency choices at present. I believe that if in the future, It would be better to increase the currency types.

Bitget ranking is okay and can be used more

Bitget Exchange was founded in 2018 and is headquartered in Singapore. It supports about 300 cryptocurrencies. It provides free spot trading and futures trading, and the maker/taker fees for futures trading are 0.02% and 0.06% respectively. In terms of advantages, Bitget has unique functions including strategic trading, copy trading, etc. Among them, copy trading has created a trend. Investors can use the operations of copy traders and KOLs to make investing in cryptocurrency a Something easy and easy to get started with. In addition, Bitget also has a P2P market for users to trade for free, as well as spot grid trading that supports automated strategies. However, in terms of shortcomings, first

Bitget does not support the deposit and withdrawal of legal currency. Secondly, the liquidity and full depth of spot are relatively poor, which shows that there are fewer people buying spot on Bitget.

OKEx is very simple to use and is suitable for Chinese people to use

OKEx allows 100 million people around the world to own digital assets

In the field of digital asset trading , OKEx has particularly outstanding advantages in products and technology. It has a top-level product technical team of 100 people with backgrounds from Alibaba, Tencent, Morgan, and Nomura, providing the richest trading categories and the most stable trading system.

In November 2018, OKEx was awarded the "Cryptocurrency Exchange of the Year" by the Malta Blockchain Summit. At the same time, OKEx has been rated as "Best Financial Service Platform of the Year", "Popular Exchange Platform of the Year", "Most Popular Exchange by Users", etc. by many industry media.

For users, choosing OKEx means low operating thresholds and low transaction costs, which are specifically reflected in the following points:

• Support users to open an account with 0 yuan and purchase with 10 yuan Bitcoin.
• Provides a minimalist transaction page that supports users to purchase digital assets such as Bitcoin in 1 minute and 3 steps. The newly upgraded unified transaction account system allows users to complete all transactions on one page.
• 0 handling fee for legal currency transactions, the lowest comprehensive rate on the entire network, zero handling fee area, and real-time settlement of unified trading accounts.

Thanks to the above points, OKEx has become the first stop for most investors to enter the crypto world. With OKEx, they can not only make profits from digital asset transactions, but also enjoy more comprehensive trading services.

OKEx has established a complete service system since its establishment, covering customer service, community, and major customers. Taking customer service as an example, OKEx staff insists on answering questions online 24 hours a day, 7 days a week. The customer’s instant response speed ranks first in the industry, and the average email response time is 8 minutes.

In addition, OKEx also focuses on user education, providing detailed product usage tutorials, interesting blockchain science videos, systematic investment introductory guidance, etc.

Whether you are a newbie in the cryptocurrency industry or an experienced veteran, you can find the most suitable trading tools and products on OKEx.

Of course, regarding the asset security issue that users are generally concerned about, OKEx adheres to the principle of transparency in user asset management and uses hot and cold wallets to store user assets, of which 95% are cold wallets and 5% are hot wallets; private key custody is maintained There are four core components: multi-party signature, semi-offline service signature, security of private key storage, multiple authorizations, and clear backup private key emergency plan.

Not only that, OKEx also adopts extremely rigorous risk control strategies, including legal currency "T 1", face recognition, big data model risk control system, etc., and also launches a price limit system and strong gradient for contracts. Leveling mechanism, marked price system, etc.

Now, OKEx has officially launched its Chinese name. While increasing its focus on the Chinese market, it has fully launched a global blockchain industry layout, helping 100 million people own digital assets, and is expected to bring more growth to the industry. Users help the development of the blockchain industry.

Make transactions easier and make assets more free

In fact, before the official launch of its Chinese name, OKEx has been making frequent moves in the past two months.

On December 23, Ouyi officially launched the public beta of the unified trading account, launching a new generation trading system for the majority of users, supporting the use of multi-currency assets in one account to trade spot and various derivatives at the same time. Funds need to be transferred between multiple accounts, and the profits and losses of different business lines can offset each other, thereby effectively improving fund utilization.

For different types of investors, OKEx unified trading account provides three new account modes (simple trading mode, single-currency margin mode and cross-currency margin mode), which can meet the different needs of users. Trading habits and demands.

Currently, OKEx is actively testing with many industry institutions and users, and is expected to officially launch the unified account system in the near future. By then, in addition to serving existing users in the crypto world, the system will also accept more and more incremental users.

As OKEx CEO Jay Hao said, with the development of the times, the public’s demand for asset security and controllability has further increased, and decentralized service providers are needed to provide more creative solutions. OKExChain provides guarantees for this through eight unique technologies in the design of the application layer: high-performance trading public chain, complete decentralization, openness, extreme compatibility, cross-chain gateway, community-driven, and support for spot & derivatives Product trading, cross-platform.

Developers are looking forward to this. According to OKExChain community developer Eric Chang, OKExChain, as a transaction chain focusing on transaction scenarios, will help develop transaction-related technical components. It is expected that more middleware will be developed in the future to help users complete financial transactions with low thresholds.

Whether it is the launch of the unified account system or the launch of OKExChain, coupled with the launch of the Chinese name Ouyi, we always take practical actions to make transactions easier, make assets more free, and allow 100 million people around the world to have digital assets.

To sum up, the current ecosystem of cryptocurrency can be described as colorful. Cryptocurrency is no longer a niche thing back then. It has transformed into an indispensable part of current financial products, even Bitcoin When cryptocurrency ETFs are constantly being launched, do you still have any excuse not to invest? And those of us who are standing at the forefront should now equip ourselves to embrace this wave.

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