The cryptocurrency market offers many services for conducting operations with digital assets. The safest option is to use centralized exchanges. These are platforms that offer their clients safety and a wide range of assets and trading tools (staking, trading with leverage, margin, spot, p2p, etc.). The beauty of centralized exchanges is that they not only allow operations with crypto but also provide demo accounts, education sections, charts, and even blogs where users can learn information about the industry. An example is the blog WhiteBIT. The service offers valuable information:
- Newly added projects, their essence, and tokenomics.
- Guides on how to buy crypto for beginners, trade with leverage, receive passive income through staking, etc.
- News from the industry, famous people, up-and-coming projects.
- Overview of crypto assets.
- Things to know about depositing and withdrawing funds.
- News of the WhiteBIT exchange: recently added features and how to use them.
- How to pass KYC verification – guide.
- Recommendations on what crypto to pick.
- Activities for clients. How to participate in staking, how to receive passive income, etc.
- Information on AMA sessions.
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The fact the WhiteBIT exchange has a blog indicates that the company takes care of its clients and wants to provide them with all the important information and guides to help them make a profit more efficiently.
The exchange has a daily trade volume of $701 million. It is important to note that the more users conduct transactions on the platform, the bigger its trade volume. Now let’s consider the crypto exchanges ranking in terms of trade volume.
Binance
It is the best platform in the crypto exchange ranking in terms of daily trade volume. The exchange allows working with fiat currencies through the Binance Jersey platform. Binance supports 8 languages and provides 24/7 customer support. There is a convenient application and numerous trading tools built in. Binance changes average market fees. 674 trading pairs are available.
Coinbase
Coinbase fees are somewhat higher than average in the market. When users replenish balances with credit cards, they are charged 4%. Nevertheless, Coinbase is the second most popular in the crypto exchanges ranking. Its trade volume reaches $1,705 billion (mid-April 2022). The platform allows deposits with fiat currencies.
WhiteBIT
A young exchange with a daily trade volume of $709 million. A convenient app, 400+ crypto pairs, average fees of 0,1%. Clients can buy crypto using bank cards. With Monobank, the fee is not charged.
