Best Crypto Exchanges for Day Trading 2022

To make money, cryptocurrency day traders buy and sell cryptocurrencies. Because the cryptocurrency market is unstable, the price of a crypto asset can change at any time. To trade cryptocurrencies, you must be on an exchange that supports such currencies. It provides all the tools necessary for carrying out these transactions successfully and with reliable security measures. Whether you are a novice or a seasoned cryptocurrency trader, this list of the best exchanges for day trading can assist you in selecting the best crypto exchange for day trading.

Bitstamp:

Bitstamp is one of the best crypto exchange for day trading. Bitstamp is well-known among cryptocurrency traders because it gets founded in 2011. Over 50 different cryptocurrencies are available for consumers to trade on the site, which serves over 4 million customers globally. Low costs are the most important criteria when selecting a day trading crypto platform, and Bitstamp unquestionably fits this need. Bitstamp is the best platform for day traders because the minimum trade amount for BTC-denominated assets is 0.0002 BTC.

Crypto.com:

As far as exchanges go, Crypto.com is a significant global player. Anyone looking to invest in unheard-of altcoins should choose it because it supports 100 different cryptocurrencies. In addition, Crypto.com provides a few distinctive features that few other cryptocurrency exchanges can match. Users have access to trading futures and options contracts, earning interest by staking their coins and using up to 10x leverage when they are particularly confident in a particular currency. Trading with Crypto.com is safe because it has made significant financial investments in the security of its platform.

Binance:

Binance separates itself from the competition as the top cryptocurrency day trading platform in terms of fees. It is due to Binance’s headline commission rate of just 0.10% per slide since the platform’s inception in 2017. On the Binance website, US residents can access 60 different cryptocurrencies. Over 1,000 markets are open to all other nationalities. It’s easy to add fiat money to your Binance account in any situation. Customers from the US can, for instance, deposit funds using an ACH transfer, a local bank wire, a debit card, or a credit card.

Coinbase:

It was one of the first exchanges for cryptocurrencies to be created, and it gets based in San Francisco. Additionally, after Binance, it is the second-largest cryptocurrency exchange globally. Retail investors, companies, and institutions can all use it because it gets made among the simplest places to buy, sell, and trade cryptocurrencies. It used to support only Bitcoin but now accepts a wider variety of digital assets.

eToro:

Regulations, reasonable costs, user-friendliness, and a variety of trading markets are all perfectly balanced on eToro. Over 40 spot trading markets, which get paired against the US dollar, may be found on this day trading platform. Furthermore, you can swap digital assets for fiat currencies like the euro and the pound. The large number of cryptocurrency cross-pairs supported by eToro will appeal to day traders. eToro uses a spread-only pricing mechanism, regardless of the currency pair you choose to trade.