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 Best  crypto exchange  2022

We will provide a full explanation of the most important and best decentralized platforms used to trade digital and cryptocurrency for 2022 and best  crypto exchange of may 2022 .

What are the advantages of decentralized cryptocurrency exchanges ?

A decentralized exchange, or DEX, is based on connecting cryptocurrency buyers and sellers in a peer-to-peer (P2P) market.

Decentralized cryptocurrency exchanges are characterized by the user having the control keys on the platform. 

In addition, these platforms use a system of smart contracts that are self-executing according to specific circumstances.

 And of course, those transactions and contracts are kept within a secure, reliable and globally connected system. 

Therefore, we see most of the investors and traders of digital and cryptocurrencies, prefer decentralized platforms over their centralized counterparts.

which are characterized by the lack of security, reliability and the complexity of saving transactions when compared to decentralized platforms.

Best decentralized platforms for cryptocurrency trading in 2022

The best decentralized platforms for cryptocurrency trading can be summarized in the following list:

1- Coinbase platform for trading digital and cryptocurrency.

2 - Crypto platform and application, the best in the field of decentralized trading of digital currencies.

3 - Gemini is a decentralized and secure cryptocurrency trading platform.

4- BitMart platform, the best for trading alternative digital currencies.

5- Low fee Kraken website and platform.

6- Cash application and platform for decentralized trading of Bitcoin.

7- Bisq decentralized platform available worldwide.

1- Coinbase platform 

Coinbase is the best choice for cryptocurrency exchange, especially for beginners.

Coinbase provides a high level of security.

 In addition to offering the Coinbase Pro platform geared towards professional traders.

Coinbase was founded in 2012 to enable people to seamlessly buy, sell and store Bitcoin.

However, the platform has rapidly advanced to this day to become a cryptocurrency trading platform with a total market capitalization of over $36 billion.

Coinbase Pros:

Supports a large number of cryptocurrencies and trading pairs.

It offers trading platforms geared towards both beginners and professionals.

Provides highly liquid exchange.

Cons of Coinbase:

They don't have high quality customer service.

It offers a custodian account, which means that the user has no control over the private keys.

2- Crypto platform

The application provided by this platform is one of the best cryptocurrency exchange applications.

This is because it provides a comprehensive digital asset trading and investment platform which you can easily access from your smartphone.

Crypto was launched in 2016 and has established itself as one of the leading global cryptocurrency exchanges.

It is now available in 90 countries around the world and supports more than 250 cryptocurrencies.

In addition to offering a large number of supported assets.

 Crypto provides a vast ecosystem of digital assets that consists of the platform's own blockchain.

Crypto platform pros

Supports more than 250 cryptocurrencies.

Offers a range of cryptocurrency products.

Cons of the Crypto platform

 The subscription fee is relatively high.

 They provide rather poor customer support.

3- Gemini

Gemini stands out as a crypto exchange with high security.

This is because it contains strong security protocols, which secures users' money.

Its system is also certified by SOC 2.

 Launched in 2014 by Tyler and Cameron Winklevoss, Gemini has a strong focus on security and compliance.

 The New York-based decentralized platform has fast wallet insurance to ensure that users' funds remain safe in the event of a security breach.

Additionally, it requires users to complete an identity verification process to reduce the possibility of fraud.

Pros of Gemini platform

 It offers high liquidity.

Provides fast withdrawal of saved funds through the instant wallet.

 It has a strong security system.

 Cons of Gemini

 They charge high fees for many trades.

It supports fewer cryptocurrencies than many competing exchanges.

4- BitMart platform

Best in the altcoin category because it allows users to buy and sell more than 1,000 cryptocurrencies, in more than 180 countries.

 Founded in 2017 in the Cayman Islands, BitMart has established itself as a leading trading site for small and medium-sized cryptocurrencies.

BitMart also offers more assets and trading pairs than its market-leading peers, so investors looking to add fresh crypto assets to their portfolios are likely to find what they are looking for in this decentralized platform.

 Additionally, BitMart clients can use the earning feature in trading to receive interest on crypto assets held.

They also have access to trading fee discounts when maintaining the original symbol of the exchange.

 BitMart Pros

It supports a very large number of cryptocurrencies.

 It provides opportunities to earn more cryptocurrency.

 It offers the advantage of buying and selling all currencies in simple ways.

BitMart Cons

 It had a massive hack in 2021.

 You receive bad feedback from customers compared to other platforms.