The best cryptocurrency Kenya 2022
          

How to choose a convenient and high-quality cryptocurrency platform? To understand all the diversity that the modern cryptocurrency services market offers, we will define the main points that distinguish a high-quality and reliable source, namely:

  • functionality of the platform. Some resources have a limited set of services, while others offer you a large number of additional features. Focus on your own needs, and make your choice, having previously familiarized yourself with the proposed set of operations;
  • the size of the commission. Visit the "Pricing" section to evaluate the possibility of using the resource based on your personal financial condition;
  • the presence of a crypto wallet;
  • the presence of a mobile application of the program, the convenience of the interface of the versions of the program used;
  • safety.

Below we look at how the top cryptocurrency exchanges in the world work.

The best exchanges for cryptocurrency

The best cryptocurrency exchange platform is generally a multi-functional resource, often combining the functions of an exchange, cryptocurrency wallet and trading platform.

The major cryptocurrency exchanges offer customers a huge selection of cryptocurrencies, low buy/sell commissions and no deposit fees, low deposit and withdrawal limits, and convenient settlement options.

An added convenience is the mobile version of the program, which is generally not inferior to the functionality of the desktop version of the cryptocurrency exchange, and is much more convenient than the desktop version.

Reliability is the most important feature of a cryptocurrency exchange. Modern platforms use the best IT security standards to protect their clients' funds.

Read the functionality, features and terms of use of the cryptocurrency exchange carefully before you start trading.

Coinbase

Customers from all over the world are becoming familiar with cryptocurrencies and, thanks to Coinbase, are beginning to make the territory their own.

Nearly 73 million verified users, 10,000 organizations and 185,000 system partners from over 100 countries trust Coinbase and use our platform to easily and securely invest, spend, save, earn and use cryptocurrencies.

What does this platform offer? By becoming a Coinbase user, you will receive the following benefits:

  • The ability to carry out transactions for the purchase, sale and exchange of cryptocurrency. More than 16 well-known cryptocurrencies are available on the platform.
  • Best standalone crypto wallet Coinbase Wallet. It is a self-contained wallet where you have complete control over your cryptocurrency, keys and data. There is now a single, reliable repository for cryptocurrency and rare NFTs.
  • Coinbase card. You can pay with cryptocurrency or USD wherever Visa debit cards are accepted. The card does not have an annual service fee and registration fee, in addition, it has a cashback of up to 4% on each purchase.
  • The ability to borrow funds. Get cash by taking out a loan from Coinbase without having to sell bitcoins. The platform does not charge any fees, there is no credit check, and the annual rate at the time of writing is only 8%.

Coinbase also offers turnkey solutions for businesses and developers, free training and a powerful 24-hour support service. A mobile version of the program has been developed.

Go to Coinbase and enjoy the benefits of one of the most reliable and advanced cryptocurrency platforms in the world.

Binance

Binance is the leading cryptocurrency exchange by trading volume, trusted by millions of users worldwide.

Binance impresses with low fees and a wide range of offerings, including spot trading, cryptocurrencies, the ability to make money with mining and staking, and the easy and quick conversion of fiat currencies into cryptocurrencies and vice versa.

Binance is:

  • More than 150 cryptocurrencies available for exchange and the most popular for buying and selling. By registering on the resource, you will be able to operate with popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Chainlink (Link), Tezos (XTZ), Cardano (ADA), Binance Coin (BNB).
  • The ability to quickly and easily convert crypto to fiat and vice versa using a Binance Visa card. With a Binance card, you can use Bitcoin or BNB to pay for purchases in tens of millions of merchants around the world, while receiving cashback.
  • P2P trading without commissions.
  • Fiat deposit.
  • Possibility to borrow on spot, margin or futures.
  • Earnings from staking and mining, as well as the ability to earn interest on cryptoassets with Binance Savings.

In addition to these benefits, Binance offers a fast and secure mobile app, Trust Wallet, a wallet that allows you to store and manage cryptocurrencies wherever you are.

Binance is really a good option for both beginners and experienced traders.

Kraken

Kraken, a cryptocurrency exchange that has been successfully operating in the market since 2011, is today one of the most popular coin trading platforms among English-speaking traders worldwide. Kraken is among the top ten similar sources, ranking first in terms of BTC/EUR pair trading volume and seventh in terms of daily turnover. The company has gained a lot of popularity because it attaches great importance to service quality and security issues. Today, thanks to this, it enjoys an almost impeccable reputation among users in Europe and America.

Kraken is the first cryptocurrency exchange to display quotes and sales data in a Bloomberg terminal, and is the first company of its kind to pass an audit to prove it has cash reserves. The exchange partners with the first cryptocurrency bank, one of the leading platforms in the market, which is constantly evolving to provide a convenient and functional service.

In addition to the popular Ethereum, Bitcoin, Dash, Litecoin, Ripple, etc., the exchange also offers those coins that have gained prominence: for example, Iconomi, Augur, Monero, Zcash, Bitcoin Cash. At the same time, the site supports fiat money (US dollar, yen, Canadian dollar, etc.). Kraken offers up to 5 times leverage, low rollover rates, a professional trading interface and advanced API access.

Kraken is a complicated operation, but a simple interface, so even a beginner can navigate through the resources. Give it a try and you will be able to use this platform, it can be your ideal platform.

Bittrex

Bittrex exchange is a platform for buying and selling cryptocurrencies and tokenized assets with its own trading terminal and support for third-party terminals. Bitcoin, Ethereum, Tether, Cardano, XRP and other cryptocurrencies are traded on the exchange. The currencies are represented by euros and US dollars. The trading terminal is available as a web version for PC and as a mobile app for iOS and Android. There is a single referral program, no investment programs. There is no basic exchange verification, only comprehensive KYC of the type. All major deposit options are available, including MC and Visa cards. The way the cryptocurrency is stored is cold, the site uses the latest protocols to protect the user's data. The advantages of the platform are: 

  • Convenient interface.
  • Fast verification.
  • Simple trading process.
  • Large selection of cryptocurrencies.
  • Fast deposits and withdrawals.
  • Customized trading platform.
  • Availability for work in most countries of the world.
  • One of the safest trading platforms in the world.
  • The exchange operates within the framework of EU and Liechtenstein legislation.

Disadvantages include the lack of a wallet for cryptocurrency and fiat currency, and of demo accounts and training programs.

Bitmex

Currently, the Bitmex cryptocurrency exchange is one of the market leaders in terms of trading volume. The platform allows you to buy and sell contracts for virtual assets, combined with margin trading on BitMEX (leveraged).

BitMEX allows users to trade Bitcoin, BitcoinCash, Cardano, Ethereum, Litecoin, Ripple and EOS futures. One of the most liquid instruments is the XBT/USD perpetual contract.

When you trade on BitMEX, you can open positions not only to buy, but also to sell assets. In other words, it is possible to make money on BitMEX not only in a rising market, but also in a falling market.

The maximum leverage for Bitcoin is 100x, for other digital currencies it is lower.

BitMEX also has an API (application programming interface) feature that can be used to automate work on the platform. It can be found in your user account.

Bitfinex

The Bitfinex exchange is the leading cryptocurrency exchange for experienced traders around the world, and one of the leading exchanges in terms of awareness and trading volume. The platform serves almost every country in the world and supports both fiat and digital asset transactions. On the platform, users can exchange Bitcoin and other leading cryptocurrencies for USD and BTC. There are also cross-charges, when one altcoin can be exchanged for another. The company has its own trading terminal with a mobile app for margin trading; it has leverage of up to 1:10 (up to 1:100 for derivatives).

There are six main types of trading on a cryptocurrency exchange: exchange, margin, OTC, paper trading, derivatives and margin hedging.

Localbitcoins

LocalBitcoins is a popular cryptocurrency exchange that offers the ability to quickly withdraw funds and profitably exchange coins into fiat currencies.

Local Bitcoins was founded in Finland in 2012. The project aims to bring people and the economy together in places where the regular banking system cannot be used to buy cryptocurrencies.

Voordelen van LocalBitcoins cryptocurrency exchange:

  • Cash trading.
  • Support for many payment methods.
  • Trading volume.
  • Referral program.
  • Bitcoin wallet with free use.

Cons and reviews of the LocalBitcoins cryptocurrency exchange:

  • Payment with other cryptocurrencies.
  • Lack of official support for mobile devices. 

Poloniex

The Poloniex exchange is considered one of the most popular platforms to trade cryptocurrencies.

The platform provides access to a wide range of altcoins. It is one of the largest exchanges in terms of daily bitcoin volume traded.

Poloniex was founded in 2014 in the United States. The company's operations are not controlled by any regulatory body, like most companies in the cryptocurrency space.

In March 2014, Poloniex suffered a major hacking attack. About 12% of bitcoin deposited on the exchange was stolen. The company then raised fees to compensate affected users.

Poloniex currently offers the ability to work with over 120 cryptocurrencies, leverage up to 1:100 and conversion to fiat currency.

The trading platform offers 2 versions: WebTrader and a mobile application (for iOS and Android operating systems), the graphical interface allows the use of tools and indicators for a better experience.

Poloniex also offers technical support via social media and interface, which is a great option that not all exchanges offer. In addition, they have strengthened security to provide a safer environment.

Kucoin

KuCoin is a Hong Kong-based cryptocurrency exchange that launched in September 2017.

The project team aims to create a trading platform that stands out from its competitors through its user-centric approach. For example, the exchange offers a lucrative bonus program and 24-hour trading support.

It often adds coins before they appear on competing platforms. The site provides a list of cryptocurrencies that are preparing to appear in the near future.

KuCoin Shares (KCS) tokens allow trading under more favorable conditions. A similar system is used on the cryptocurrency exchange Binance. KCS tokens are a decentralized cryptocurrency issued on the Ethereum blockchain (ERC 20 tokens).

KCS tokens can be purchased directly on the KuCoin exchange. KCS holders enjoy a number of benefits, including commission income, lower transaction fees and access to other special services.

The platform has basic analytics, charts and indicators. Account balances can be upgraded with debit cards, cryptocurrencies and e-wallets. These methods are also available for withdrawals. In addition to the affiliate program (referral payments), the site offers unique contests with cash prizes.

Bitpanda

Bitpanda is an Austrian cryptocurrency exchange that specializes in buying and selling bitcoin and other cryptocurrencies. Bitpanda.com is a fully automated platform: once a payment is confirmed, bitcoins and other cryptocurrencies are automatically sent to buyers. Bitpanda (formerly known as Coinimal) is a cryptocurrency startup based in Vienna. So far, the company offers buybacks of Dash, Litecoin, Bitcoin, Bitcoin Cash and Ethereum.

Bitpanda is available in over 54 countries, with a wide range of payment options (although fees may be charged when depositing some cryptocurrencies). In addition, it offers customer support via all major social media, email and phone.

On the exchange, you can buy more than 50 different cryptocurrencies, including Ethereum and Ripple. It accepts several fiat currencies, including Swiss francs and Turkish liras, making it one of the most diverse exchanges.

Bitpanda also has its own currency - BEST - which can be used to pay commissions on the exchange. Top adopters receive a number of benefits, the most notable being a 20% discount on premiums and exchange fees.

It has 1.2 million users and boasts a daily trading volume of $12 million.

Bitpanda uses cold storage. The funds are stored offline in AML5-compliant wallets. Because they are not connected to the Internet, the funds remain safe from hackers.

The company's servers are protected against DDoS attacks: the chances of a website crashing are very low. Moreover, all your communication with the website is encrypted with Secure Socket Layer technology.

Bitpanda's interface makes buying and selling cryptocurrencies incredibly easy. Try using this popular resource - registration takes no more than two minutes.

Coinmama

Coinmama began operations in 2013. It is registered in Slovakia, but its owner is New Bit Ventures, which is based in Israel. At the same time, the exchange itself operates globally. During its operation, the exchange has demonstrated convenience and customer focus towards its users.

It is not possible to store cryptocurrencies on this source. All funds are immediately sent to the customer's portfolio address.

Coinmama offers you a range of great trading coins to buy and/or sell, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA.) ), Qtum (QTUM), Ethereum Classic (ETC), Tezos (XTZ) and Eos (EOS).

The exchange offers the opportunity to buy coins for fiat currencies (dollars and euros).

There are several commissions in the stock market. The first is 5.5%, which is already included in the price the investor sees. If a credit or debit card is used, there is also a processing fee. This is 5%. In addition, the bank issuing the card may charge a fee.

The platform is accessible online (no mobile app yet).

Coinmama is not an exchange in the usual sense of the word. Unlike standard cryptocurrency exchanges, you can only buy currencies here. The lack of a built-in portfolio means that any assets you buy must be immediately transferred to the address you provide. But on the other hand, this makes the project more secure, as this fact eliminates the risk of losing your money if a hacker breaks in.

Hitbtc

The Hitbtc platform, founded in 2013, now offers state-of-the-art trading tools (with an API that enables trading robots). Moreover, it allows trading over 500 digital assets and the most traded cryptocurrencies in the world (over 800 supported pairs).

This platform also offers corporate accounts, and various security systems that guarantee the highest level of protection for your money.

The site is ranked among the top 30 cryptocurrency exchanges, and is thus quite competitive. The project was able to achieve such results thanks to offering a large number of currency pairs and good functionality. The site offers high quality trading tools, which are presented in a convenient format and are suitable for both beginners and professional traders.

The HitBTC cryptocurrency exchange is a great way to buy and trade cryptocurrencies.

Paxful

The Paxful platform allows you to exchange fiat money for digital assets peer-to-peer and earn money by joining an automated payment service and acquiring referrals.

Cryptocurrency exchange Paxful was founded in 2014. The site currently offers 400 ways to exchange digital assets for fiat money and works with almost all national currencies.

The platform offers the opportunity to buy or sell Bitcoin (BTC) cryptocurrency. You can withdraw the money you receive to a bank account in any country; via cash transfer; with electronic money; by exchanging it for iTunes gift cards, Amazon; by exchanging it for many other cryptocurrencies; by paying for in-store purchases (the last option is still under development).

It currently has nearly 5 million users and has developed a program aimed at bitcoin providers. Paxful offers significant advantages in such a competitive market and both buyers and sellers can trade on fair terms.

They also offer a mobile app, a virtual wallet with a user-friendly graphical interface that allows you to exchange, receive and send bitcoin.

Determine your goals when investing in cryptocurrencies and choose the most appropriate source for you based on the necessary tools and features.

We wish you every success in the cryptocurrency market.

SIMPLE AND RELIABLE
MONEY WITHDRAWAL
Payguru