Which crypto exchange to use?

sandrawilliams · Dec 18, 2021

IMJ said: ↑

Coinbase is prolific and houses a big community for the main cryptos. Nothing wrong with trading there.

Paypal was great if you were on the early invite to buy - October, November and December because they weren't charging fees. Now their fees are outlandish. However the trade off will be that Paypal is granting utility to all three cryptos. Paypal crypto will be huge on personal "garage sales" soon.

Binance is a great platform but has been suffering slow user integration across the last two months. It might take forever to get approved there. They also encourage their own coin as a utility for buying others, which saves on fees but increases complication of usage.

Robinhood allows no-fee trading. But it's Robinhood. You don't want to go down in history marked with the "robinhood investor" stigma because it's become a catch phrase. Especially given what has happened with their credibility over the last week.

I'm very eager to see if Fidelity or Charles Schwabb will enable crypto trading at some point.
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Thank you for giving us such valuable info! I am new to crypto trading. It will be definitely in use to me.

Which crypto exchange to use?

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Which crypto exchange to use?

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