We wanted to help you start a career as a crypto trader on the right foot, so we've created a list of the top 5 crypto exchanges of 2022. We'll go over their assets, security features, customer service, etc. Here are the best crypto exchanges in 2022.

The Top 5 Crypto Exchanges Right Now

  1. Binance
  2. Coinbase
  3. Crypto.com
  4. Gemini 
  5. Kraken

Binance: Largest Crypto Exchange With Low Fees

We have to start our list with Binance since it's the largest crypto exchange in the world. The marketplace is built on the Binance Smart Chain and it has some of the lowest fees, especially for direct crypto to crypto trading. In that case, the fees are only 0,10%, which is much lower than what most other marketplaces charge. 

The marketplace offers over 500 cryptos, including over 60 DeFi coins, and access to other markets, including stocks, commodities, and others. You can create an account in minutes and deposit some money to start trading immediately. Binance allows you to deposit cash using many different methods, including bank transfer, PayPal, Visa, Mastercard, etc. However, make sure to check the fees, as some options are more expensive than others. For example, Visa and Mastercard deposits come with a 4.5% fee.

Even though Binance is one of the largest crypto exchanges, it's still not regulated by the SEC. With that said, the platform has state-of-the-art security features, so you don't have to worry about fraud or scams. Binance looks and feels like a regular stock market, so it might be a little difficult to pick up if you're a beginner, but once you figure it out, you can make some extra cash without any problems.

Coinbase: Excellent Crypto Exchange For Beginners

Coinbase probably has the best-designed crypto market of all websites you can join. It's an excellent option for beginners because it's extremely easy to use, and provides users with access to extensive educational material on cryptos, blockchain, and similar topics. 

While many crypto markets require getting used to, Coinbase allows users to start trading digital assets as soon as they join the platform. It's no wonder why Coinbase is the most popular crypto market in the US. The user experience is so simple that anyone can navigate the platform and manage their cryptos on the go. Moreover, the available learning material is also worth checking out because it offers excellent insights into the world of cryptocurrencies and crypto trading in general.  

Security should always be on top of your priorities when choosing a crypto marketplace, and Coinbase doesn't disappoint there either. If you want to know where to buy cryptocurrency safely, this site is worth checking out. It's got all of the latest security features such as two-factor authentication, an insurance policy for custodial accounts, etc. It does come with higher fees than many other markets, but the ease of use and 100% protection are worth the cost. 

Crypto.com: Best Crypto Marketplace For Debit Card Deposits 

Crypto.com is one of the safest crypto marketplaces on the market. It's got multiple security features designed to eradicate fraud, scams, and cyberattacks. The platform has the best cybersecurity ranking on multiple websites among over 100 similar platforms. For example, it allows users to store their cryptos offline, it also has a fully-regulated custodian bank account feature for traditional currencies, and it's got a multi-factor identification that includes a password, biometric data, email, phone, etc.

Apart from offering state-of-the-art security to its users, the platform also provides access to over 250 different digital assets. You can create a non-custodial DeFi wallet to improve crypto transfer speeds and earn interest on your cryptos for margin trading. The site also promotes margin trading and you can even get crypto loans if you need them. Crypto.com is based in the US, and it's fully regulated by multiple institutions. However, some states don't support all available cryptos, so you'll have to check what options are available in your area. 

Gemini: Highly Liquid Exchange 

Gemini has been up and running since 2014, and it was built using the best security and compliance practices from day one. It's got a detailed identity verification process designed to prevent fraud and scammers. The site also includes two-factor authentication and allows users to add and approve devices they use when trading cryptos. The platform is SOC 2-certified, so it's one of the safest places for trading crypto assets.

The overall look and feel of the platform are great. Users have access to over 75 of the most popular digital currencies, and users can pay for all services and transactions using cryptos. It's not the most affordable option though, as all transactions over $200 come with a 1.49%  fee, along with 0.4% maker to taker fees. Similar to Crypto.com, most users are willing to pay higher fees to get the robust security features provided by the site. Gemini might not be as large and popular as other options on this list, but it is one of the safest crypto exchanges you can join. 

Kraken: Platform With One Of The Lowest Fees

Kraken is a marketplace with a professional look and feel. It deserves a spot on our list because it has some of the lowest exchange fees in the entire industry. With that said, Kraken is not a place for beginners, as it comes with advanced order types, margin trading, and futures trading. 

The site has been active since 2011, and it has since attracted millions of traders. Investors have access to over 120 popular cryptos and plenty of other useful features designed to make trading easier. That includes advanced chart analysis tools, insights into order books, 13 different types of orders, and extremely fast transactions. The Kraken Pro app is the best option for high-volume trades, as it comes with super-low fees of 0.16%. The fees drop to 0.10% if the monthly volume surpasses $10 million, allowing traders to save even more money. 

The only downside to this platform is the lack of funding options. Users can load their accounts using only wire transfers. ACH transfers are not supported at all. If you don't mind the limited account funding options, Kraken is an excellent choice overall.

Conclusion

When trading cryptocurrencies, you must pick a platform that suits your skills, goals, and fees. Crypto markets are extremely volatile, and you have to risk your hard-earned money when trading digital assets. We covered the top five options, hoping to point you in the right direction. We wish you the best of luck in your trading in the future.