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8 Best Alternatives For Binance in 2022.
For a quick reference, the following is the summary of Binance alternatives that you can use. I have personally used them for a fair amount of time and have practically explored most of their features. You may read further and Recenzja aplikacji Binance explore why these exchanges are no less than Binance and why you should not only keep all your funds on Binance.
Exchange Mode of Deposit and Withdrawal Quick Link 1. FTX Crypto & Fiat Trade Now 2. Huobi Global Crypto & Fiat Trade Now 3. Kraken Crypto & Fiat Trade Now 4. Coinbase Pro Crypto & Fiat Trade Now 5. KuCoin Crypto & Fiat Trade Now 6. AscendEX Crypto & Fiat Trade Now 7. Bybit Crypto & Fiat Trade Now 8. MEXC Global Crypto & Fiat Trade Now.
Here are top FAQs related to binance yanki alternatives:
Which are the best Binance alternatives for the U.S.A.image Citizens?
If you are from the USA, you can use the following exchanges which are similar to Binance: Coinbase CEX.io Kraken FTX.us Binance.us.
What can you use instead of Binance?
If your account is banned on Binance, worry not as there are a few sites similar to Binance that you can use: Bybit FTX International Gate.io KuCoin.
All crypto geeks agree to the fact that owning cryptocurrencies is all about being your bank.
The crypto world allows us to enjoy the perks and privileges of a decentralized and distributed world where you control your money without any censorship.
However, this lack of centralization and regulation also makes our money prone to fraud and theft. Moreover, most of the exchanges we use to deal with crypto assets are themselves centralized and thus make them prone to a single point of failure.
We all have our favorite cryptocurrency exchanges, and we are heavily dependent upon them. This means that the safety of our wealth relies on the security and integrity of the exchange we use. An exchange may shut down, stop taking new registration, fraud, etc. (as we have seen in the past).
Therefore, it is wise to distribute your crypto portfolio across different exchanges and reduce your risk exposure.
Everyone loves Binance. I do too. But it is always good to stay cautious and skeptical and spread your risk by using Binance alternatives simultaneously. It’s not rocket science, try and keep your eggs in different baskets rather than in one (i.e., Binance).
Moreover, when Binance announced that they closing doors for U.S. users from September 2019, the hunt for the best Binance alternative has begun.image To make your life easier, I have listed some of the best alternatives that you can use to trade cryptos.
So, here is my list of the 8 best Binance alternatives for you. Have a look!
List of Top Binance Alternatives.
1. FTX.
FTX Exchange was established in May 2019 by FTX Trading Ltd. Its offices are based out of Hong Kong. The exchange is growing rapidly because of its very interactive user interface and many unique offerings in the spot and derivatives crypto market.
Based on the trading volume, FTX is the 4th largest exchange after Binance, Huobi Global, and Coinbase.
The USP of the exchange is its team, which has relevant and dynamic experience in the crypto and traditional trading sector. The FTX team comes from some leading Wall Street quant funds and tech companies: Jane Street, recenze výměny binance Optiver, Susquehanna, Facebook, and Google.
The team has ample exposure to the traditional secondary market. Members have backgrounds in equity derivatives trading and seem to understand how derivatives are traditionally designed and what kind of derivatives are in demand.
FTX’s motto is "by the traders, for the traders".
Like Binance, the exchange offers services such as:
Spot Trading Futures Trading Margin Trading ETF Trading Staking Leveraged Tokens Trading Tokenised Equity Stocks.
However, it also provides some unique services such as:
Prediction Markets OTC (over-the-counter) trading for crypto whales.
The exchange has a user-friendly interface and an interactive mobile application. They also allow staking and lending features, which is an essential feature of any crypto exchange as it will enable you to earn passive income on your crypto assets.
The exchange is restricted for the users of the United States of America, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, or Antigua and Barbuda.
2. Huobi Global.
Huobi Global is the world’s second-largest crypto exchange after Binance in terms of trading volume. The exchange is based in Seychelles, East Africa, and was established in 2013. Huobi Global is an international cryptocurrency exchange that originated in China but now has moved across the world to serve a maximum number of investors.
The exchange has a very experienced founding team with a workforce spread across the globe.
The exchange provides all the necessary features such as:
Spot, Margin and Derivatives trading OTC (over-the-counter) trading for crypto whales.
In addition to the above, Huobi Global has some unique features such as:
Bot Trading for automating your trading income. Staking to earn passive income on your crypto assets Crypto loans to earn passive income on your crypto assets.
The exchange has a world-class user interface. In addition to this, it has a mobile application for Android and iOS users.
The exchange has outsourced its Security and Risk control to Goldman Sachs. It has a Decentralized structure and anti-DDOS protection system. Further, Huobi has a dedicated Security Reserve Fund of 20,000 BTC.
Huobi Global is restricted for the residents of the USA and استعراض جوجل بينانس Japan.
3. Kraken.
Kraken is one of the oldest exchange to exist in the cryptocurrency industry. It was established in 2011 by a California-based Institutional Brokerage Company called Payward Inc. the headquarters of the exchange is situated in San Francisco.
The features of Kraken are as follows:
Spot, Margin and Derivatives trading Staking to enable passive income earning options OTC (over-the-counter) trading for crypto whales.
Kraken is a highly secure exchange that can be trusted for crypto trading. 95% of the funds are kept by the exchange in cold storage. The exchange has a bug bounty program that rewards users to identify a potential security breach on the platform.
In addition, with this, a user gets features like 2-factor authentications, no phone/SMS account recovery, SSL encryption, etc.
The exchange has a very interactive web version and has a mobile application in Android and iOS versions.
Except for Washington State and New York, services of Kraken are available for residents of the U.S. Thus, Kraken is a good option for people who are based out of the U.S. and looking for a binance cryptocurrency exchange or Coinbase alternative.
Further, the exchange is restricted to the residents of Afghanistan, Congo-Brazzaville, Congo-Kinshasa, Cuba, Iran, Iraq, Libya, North Korea, Syria, Tajikistan.
4. Coinbase Pro.
Coinbase is the third-largest crypto exchange globally in terms of trading volume after binance cryptocurrency exchange and Huobi Global. It was established in June 2012 in San Francisco, California, United States.
With over 56 million users, the exchange operates in more than 100 countries and has more than 1700 employees worldwide.
Not only this, U.S. residents who are restricted by most of the crypto exchanges can use Coinbase. However, some features are still restricted for U.S. residents.
In terms of legitimacy, Coinbase Global Inc. (parent company of Coinbase Exchange) is the only crypto exchange-based company that is listed on Nasdaq. As the company is listed in the United States, it not only adheres to self-implicated security and compliance protocols, but it also gets green light on SEC (Security Exchange Commission) regulatory compliance.

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